Chinese Economics Thread

Suetham

Senior Member
Registered Member
The 1,011Km Ya’an-Nyingchi bullet train section, consisting of 95.8% of tunnels and bridges, is under construction

Active landsides, avalanches, earthquakes...but nothing can stop Chinese engineers and construction workers

The Ya’an-Nyingchi section runs 1,011 kilometres and includes 26 stations, of which the total length of bridge and tunnel is 965.74 kilometers, and the bridge-to-tunnel ratio is as high as 95.8%. In particular, there are 72 new tunnels with a total length of 851.48 kilometers. In other words, the section from Ya'an to Nyingchi was built on a bridge in addition to being built in a tunnel, and there are very few railways paved on flat ground.

What is particularly difficult is that among the 72 tunnels with a total length of 851.48 kilometers from Ya'an to Linzhi, there are many extra-long tunnels with a length of more than 30 kilometers, of which the longest tunnel is the Yigong Tunnel of 42.5 kilometers. The Sejila Mountain Tunnel started this time has a total length of 37.9 kilometers, surpassing the Xinguanjiao Tunnel (32 kilometers in total length), which is known as the "first railway tunnel in China". In addition, the Duomuge Tunnel is 36 kilometers long, Zeduoshan Tunnel is 32.8 kilometers, Zila Mountain Tunnel is 32.7 kilometers, Mila Mountain Tunnel is 29.4 kilometers, Yela Mountain Tunnel is 28.6 kilometers, Haizishan Tunnel is 25 kilometers, and Boshu Laling Tunnel is 25 kilometers. 23.6 kilometers and so on. Most of these tunnels are built on the roof of the world, in iceberg canyons, and are completely beyond the difficulty level of all existing construction projects on the earth.

The total investment of the project is as high as 319.8 billion yuan ( $50 billion USD). The total investment of the project is as high as 319.8 billion yuan ( $50 billion USD), averagely ¥300 million ($47 million)per kilometer, rivaling the cost of the construction of city subways per kilometer, will become the world most expensive railway per kilometer construction cost wise.

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Suetham

Senior Member
Registered Member

Amid European gas crisis, Natural gas pipelines have reached the remotest villages of China , the roof of the world in the Pamir Plateau in 2022. Local Tajik villagers now can enjoy clean natural gas for cooking and heating, the quality of life and living environment had been greatly improved.



In Xinjiang Pamir Plateau mountain villges, plumbers work day and night to ensure water supply​

In Pamir Plateau mountain villges, plumbers work day and night in freezing winter to ensure running water supply for every house in the villages. Winter in this region is extremely cold, plumbers have to constantly check in various locations to ensure the water pipes are not frozen.

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The brand new, state-of-the-art Olympic version of the Fuxing (Rejuvenation) intelligent electric multiple unit (EMU) was specially tailored for the Beijing 2022 Winter Olympics.
The bullet train is the world's first intelligent and autonomous high-speed train with a 5G live broadcast studio on board. The eight-car EMU was customized for the upcoming Winter Olympics and can carry up to 564 passengers, reaching speed of 350 kilometers per hour.
The train features four classes of seating, including first, second and business classes, and a media studio. It will travel along the high-speed line linking Beijing and Olympic co-host Zhangjiakou City in north China's Hebei Province. The bullet train will serve multiple locations and shuttle athletes, staff and volunteers.



China speed! China opened 12 subway lines in 9 cities in one month
This is a very incomplete list, major cities like Beijing, Shanghai and Guangzhou's new subway lines opened in December 2021 are excluded from this list.
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SanWenYu

Captain
Registered Member
Evergrande looks more serious about becoming a car maker than I was thinking. I likely spoke too soon on outdated info.

Evergrande has spent 50 billion Yuans on it so far. The first car of a production model rolled off the assembly line of its factory in Tianjin on Dec 30, 2021, 12 days ahead of plan.

The Tianjin Evergrande NEV Company is on the latest "List of New Automotive Vehicle Models" from the Ministry of Industry and Information Technology. The company is said in the last sprint towards starting production lots. It is also setting up a sales and services network countrywide at the same time:

2月11日,工信部官网发布第353批《道路机动车辆生产企业及产品公告》车辆新产品公示清单,申报本批新能源汽车产品的共有96户企业的194个型号。

值得注意的是,不久前完成首车下线的“恒驰5”也在清单之中。申报企业为恒大新能源汽车(天津)有限公司,产品名称为纯电动多用途乘用车,即恒驰5。
公开资料显示,造车三年来,恒驰汽车累计投入超500亿元。

作为恒驰首款量产车型,恒驰5于去年12月30日在天津工厂成功下线,较原计划提前12天。
据知情人士透露,目前恒驰首批体验中心将在天津、北京、上海和广州等重点城市开放,售后服务中心全国布局正全面推进,恒驰汽车已经进入量产销售的冲刺阶段。

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horse

Colonel
Registered Member
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Strangelove

Colonel
Registered Member
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Manufacturing on fast track to upgrading​

China is speeding up efforts to develop advanced manufacturing this year in a move to gain a key competitive edge in the global market and inject new impetus into the economy, experts said on Friday.

Their comments came as various regions across the nation recently announced key projects, mainly related to advanced manufacturing and strategic emerging industries.

Guangzhou Development District in Guangzhou, Guangdong province, launched 48 key projects on Tuesday. Thirty-nine are advanced manufacturing projects involving a total investment of around 38 billion yuan ($6 billion), mainly in fields such as next-generation information technologies, biomedicine, new energy and new materials.

Experts said the accelerated push to develop advanced manufacturing is in line with the requirements of the 14th Five-Year Plan (2021-25), which pledged to boost industrial upgrading and foster high-quality manufacturing.

They said China has the capabilities to meet the targets, as it has a complete industrial system, a large number of skilled workers, developed infrastructure and an ultra-large domestic market. During the next few years, the construction and development of advanced manufacturing clusters will be accelerated in an all-around way, they added.

Zhou Maohua, an analyst at China Everbright Bank, said the development of advanced manufacturing plays a key role in enhancing the core competitiveness of regional industries, promoting the transformation and upgrading of regional manufacturing and fostering high-quality development.

Song Jia, director of the innovation center at the Research Institute of Machinery Industry Economic & Management, said developing advanced manufacturing will help China move up to the middle and high end of the global value chain.

Song said local governments need to have a better understanding of local conditions and set reasonable development goals, with a key focus on promoting industrial restructuring by building leading industrial clusters.

More efforts should also be made to support the development of key sectors and enterprises, develop strategic emerging industries, attract more talent and create a better environment, Song added.

"Generally, advanced manufacturing consists of two parts. One is traditional manufacturing that integrates advanced manufacturing technology and other high-tech such as information and digital technology. The other is new sectors resulting from the industrialization of emerging technologies, such as bio-manufacturing and micro and nano manufacturing," said Dong Xiaoyu, a researcher at the Capital Institute of Science and Technology Development Strategy.

Facing a new round of technological and industrial revolution, Dong said manufacturing will play an increasingly important role in boosting the comprehensive competitiveness of countries.

He said the accelerated push to develop advanced manufacturing is conducive to boosting innovation-driven development and building a modern industrial system, which will help to enhance the core competitiveness of regions.

Looking at the 14th Five-Year Plan period, Dong said the construction and development of advanced manufacturing clusters will be significantly accelerated, as both eastern coastal provinces and inland regions are accelerating the manufacturing transformation.

He also warned of challenges ahead, saying that more efforts should be made to boost innovation. "China still lags behind developed countries in terms of core technologies and fundamental disciplines supporting the development of manufacturing. We need to further boost the development of industrial digitalization and digital industrialization to boost innovation in manufacturing."

Compared with China's advanced manufacturing counterparts, the country's manufacturing technologies and products are still at the middle to the low end in global markets, said Zheng Lei, chief economist at Glory Sun Financial Group.

Bai Ming, deputy director of international market research at the Chinese Academy of International Trade and Economic Cooperation, highlighted an acceleration in the movement of some manufacturing plants from China to overseas because of rising costs, saying that the nation needs to further boost the development of advanced manufacturing to improve its competitiveness in the global market.

He said China should give full play to its advantages in complete industrial chains, and more efforts should be made to support the development of some key industrial parks and create a business-friendly environment.
 

Bellum_Romanum

Brigadier
Registered Member
The clustered consumer

"About 90 percent of consumption growth in China is expected to take place in cities given continuing urbanization. China’s megacities are set to experience growth in their high-income households. Shanghai alone is expected to add about 3 million high-income households, not far short of the 3.2 million increase expected in the whole of Japan."

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