[AIIB will establish an office in Hong Kong]The Asian Infrastructure Investment Bank announced on November 3 that it plans to establish an office in Hong Kong to meet its growing business needs. The Hong Kong Special Administrative Region Government welcomed this decision on the same day and promised to fully assist the AIIB in promoting the sustainable development of Asian infrastructure.
The Secretary for Financial Services and the Treasury of Hong Kong, Xu Zhengyu, stated that the SAR government will actively cooperate with the needs of the AIIB and provide necessary support for the establishment of the office. As a member of the Asian Infrastructure Investment Bank, Hong Kong will assist the bank in fully utilizing its thriving capital market, world-class professional services, and diversified financial products to support its operations in project financing, bond issuance, investment, and financial management.
The AIIB officially opened and operated in January 2016, and Hong Kong became a member in June 2017. This multilateral development bank has always been committed to promoting sustainable economic development, creating wealth, and improving infrastructure connectivity in Asia through investments in infrastructure and other productive sectors. At the same time, the bank actively encourages private capital to participate in project investments that are beneficial to regional economic development, and maintains close cooperation with other multilateral and bilateral development agencies to jointly promote regional cooperation and partnerships. Editor/Yang Beihua
At 13:46 on August 12, 2026, the load of the Guangzhou power grid system reached its historical peak for the third time this year, with a maximum load of 26.231 million kilowatts, a year-on-year increase of 4.46%. Faced with the dual challenges of sustained high temperatures and rising electricity demand, the Guangdong Guangzhou Power Supply Bureau of Southern Power Grid is working together to ensure the safe and stable operation of the power grid during peak hours through the coordination of source, grid, load, and storage.Editor/Gong Ziwei
On August 13, 2026, the Lianyungang Huai'an section of the Lianyungang Yizheng crude oil pipeline project, a key national oil and gas infrastructure project, was successfully put into operation. This is the first 10 million ton crude oil pipeline put into operation at the beginning of China's 15th Five Year Plan, which is of great significance for optimizing the energy supply structure in the central and eastern regions of China and improving the national oil and gas network layout.Editor/Gong Ziwei