Since the new round of power system reform was deployed and implemented by the Central Committee of the Communist Party of China and the State Council, the construction of China's power market has been steadily and orderly advanced. A multi-competitive subject pattern is formed, the scale of market-based transaction expanded year by year, and the ability and role of the market in allocating resources continuously improves. 

Starting from June 1 this year, all newly-commissioned new energy power generation projects will, in principle, be traded in the market, with electricity prices determined by the market. 

The full entry of new energy into the market broke down regional barriers, promoted the expansion of cross-provincial and cross-regional transaction scales, and is conducive to the optimal allocation of power resources across the country. The construction of the power market is further accelerating.

According to MIIT, on June 3, Li Lecheng, Party Secretary and Minister of the Ministry of Industry and Information Technology, chaired a meeting to thoroughly study and implement General Secretary Xi Jinping's important instructions on artificial intelligence, implement major decisions and arrangements of the Central Committee and the State Council, and study approaches to promote the development of the AI industry and its empowerment of new industrialization. Ministry leaders Ye Min, Xiong Jijun, Shan Zhongde, Xie Yuansheng, and Xie Shaofeng attended the meeting and delivered exchange speeches.

 Recently, Zhang Libo, President of the China Foundry Association, and Gao Wei, Executive Vice President, along with a group of six people, visited Liaozhong District for an inspection and investigation. Feng Dongchang, Deputy District Head, Zhu Dayong, Deputy Director of the Administrative Committee of Shenyang Liaozhong Economic Development Zone, and relevant comrades accompanied them.

Zhang Libo and his party made on-site visits to the Liaozhong No.1 Headquarters Base Project of the China-Russia Economic and Trade Cooperation Industrial Park and the Offshore Station of the National Production Service-oriented Logistics Hub. Combining the park planning with the project site, Zhu Dayong introduced in detail the basic situations such as the industrial layout, resource endowment, infrastructure construction, and the development of the foundry industry in the development zone.  

Notice of the General Office of the Ministry of Industry and Information Technology on Organizing the 2025 "Hundred Cities, Thousand Parks" Activity of Industrial Internet Integration into Parks   Letter No. 144 [2025] of the Information and Communication Administration of the Ministry of Industry and Information Technology   Industrial and information technology authorities of provinces, autonomous regions, municipalities directly under the central government, separately listed cities, and Xinjiang Production and Construction Corps; communication administration bureaus of provinces, autonomous regions, municipalities directly under the central government, and separately listed cities; relevant industry associations; and relevant units:   To implement the decisions of the Party Central Committee and the State Council, deeply advance the industrial Internet innovation and development strategy, leverage the industrial agglomeration advantages of parks, promote its high - quality development and large - scale application, facilitate digital transformation of enterprises (especially SMEs), accelerate deep integration of industrial Internet and AI, and support forming new - quality productive forces, promoting new industrialization and building a modern industrial system, we organize the 2025 "Hundred Cities, Thousand Parks" Activity of Industrial Internet Integration into Parks (shortened as such).

In 2025, the global new shipbuilding market continues the wave of green transformation, and the proportion of orders for alternative fuel vessels in the first two months has reached a historical high. China's shipbuilding industry holds a dominant position in the field of green ships. In February, it undertook 73.2% of the global orders for new alternative fuel vessels, continuously consolidating its leading position in the global shipbuilding industry.

According to the latest statistical data from Clarkson, among the total 123 new ship orders with a total deadweight of 6.8 million tons globally from January to February this year, as many as 70 vessels with a total deadweight of 5.1 million tons are alternative fuel vessels, accounting for 75.2%. This proportion exceeds the 48.4% for the whole of last year and is also higher than the 54.3% for the whole of 2022, which set a historical record at that time. Calculated by the order value, the total global investment in new shipbuilding from January to February is 13.8 billion US dollars, and the order value of alternative fuel vessels is 9.8 billion US dollars (approximately 71.13 billion yuan), a year-on-year decrease of 48%, and the proportion reaches 71.5%.

Recently, the world's first 700-megawatt ultra-supercritical circulating fluidized bed (CFB) coal-fired power unit, supplied and developed by Dongfang Electric, was successfully connected to the grid at Yunneng Honghe Power Plant, officially entering the trial operation phase. This marks a significant breakthrough for China in the field of clean coal power technology.

The project features three major independently developed core components by Dongfang Electric: the boiler, steam turbine, and generator. The boiler adopts advanced ultra-supercritical circulating fluidized bed power generation technology, offering advantages such as large single-unit capacity, cutting-edge power generation technology, high efficiency, and outstanding energy-saving and environmental benefits.

In order to further strengthen industry exchanges and cooperation and promote the sustainable and healthy development of China's foundry industry, the China Foundry Association is scheduled to hold the "21st Annual Meeting of China Foundry Association" in Tianjin from May 17th to 20th, 2025.

On February 21, Xin Guobin, member of the Party Group and Vice Minister of the Ministry of Industry and Information Technology (MIIT), chaired the 13th Workshop on Manufacturing Enterprises. The event focused on deeply studying and implementing the spirit of General Secretary Xi Jinping's important speech at the Private Enterprise Symposium, carrying out the deployments of the Central Economic Work Conference and the National Conference on Promoting New-Style Industrialization. It aimed to accelerate the development of the robot industry, forge new drivers for high-quality development, and solicit enterprises' presentations on operational situations and suggestions for improvement.

The 21st India International Foundry Expo 2025 will be held in Kolkata, India, from February 7-9, 2025, alongside the 73rd Foundry Conference. India is the world’s third-largest producer of castings, and the event serves as an important platform for showcasing and exchanging knowledge in the foundry industry, both domestically and internationally.

On January 21, the State Council Information Office held a press conference on the "Achievements of China's High-Quality Economic Development" to announce the results of the country's industrial economy's high-quality development for 2024.

Industrial value-added increased by 5.8%, up 1.2 percentage points from 2023. The number of large industrial enterprises reached 512,000, a 6.1% rise from the end of 2023. Total industrial value was 40.5 trillion yuan, with China’s manufacturing sector remaining the world’s largest for 15 years.