CSCEC Wins Bid for 2.9 Billion

2025-10-30 14:43:04

China Construction has successfully won the bid for a major project of 2.9 billion yuan, demonstrating its market competitiveness and leading position in the industry.

Project Name: Zichuan District Green Low Carbon Recycling Industrial Park Development and Construction Project General Contracting

Construction Location: Zichuan District

, Zibo City Construction Scale: Zichuan District Green Low Carbon Recycling Industrial Park Development and Construction Project. The total construction area is 52.

The estimated contract price is 1318722000.

The planned construction period is from November 1, 2025 to October 15, 2028. The total construction period is 1080 calendar days. The specific commencement time shall be subject to the written confirmation of the Tenderee.

Bidding scope: including the design, procurement, construction, commissioning, acceptance, cooperation to complete the handover (coordinate to deal with the problems related to design and construction in the handover process) and warranty of all projects within the scope of project planning.

Bid winning information:

Bid winner: Zhonghai Construction Co., Ltd.

Consortium unit: Beijing Sino-foreign Architectural Design Co., Ltd.

Shandong Wende Engineering Design Co., Ltd.

Bid price (RMB): 1279432820.0 H Total planned investment for TML0 35407 1: bid section 1: total investment of about RMB 8,600 UNK1; bid section 2: total investment of about RMB 365,362,400; bid section 3: total investment of about RMB 34615. 0 HTML0 UNK1 2 Source of funds: self-raised funds, etc. 0 HTML0 UNK1 3 Planned construction period: the tentative construction period of Lot 1 totals 1460 calendar days; the tentative construction period of Lot 2 totals 1460 calendar days; the tentative construction period of Lot 3 totals 1460 calendar days. The construction period of each bid section shall be adjusted according to the progress of land and planning, subject to the written notice issued by the tenderee. The adjustment of construction period shall be subject to the written notice of the Tenderee, and the Contractor shall not claim any cost compensation or claim for construction period due to the adjustment of construction period. The Tenderee shall carry out the construction in stages and batches according to the land planning and project needs, and the commencement date of each stage (batch) shall be from the date of receiving the written notice (commencement order) from the Tenderee to the date of project completion acceptance and delivery. 0 HTML0 UNK1 4 Bid section division: 3 bid sections in total. Bid Section I: Xisi Road-Yanhe West Road (included) and pipe network and pipe gallery facilities; Bid Section II: Yanhe West Road-Dongsan North Road (included) and pipe network and pipe gallery facilities; Bid Section III: Dongsan North Road-Gusu Road (included) and pipe network and pipe gallery facilities. (The road is subject to the final approved planning) 0 HTML0 UNK1 5 Bidding scope: including but not limited to survey and design (including but not limited to geotechnical investigation, engineering survey, detection, detailed construction planning, preliminary design, construction drawing design, detailed design, etc.), budget preparation, procurement, construction, commissioning, acceptance, Warranty and formalities from completion of project establishment to delivery for use, etc. 0 HTML0 343279202.700 6 Bid Winning Information: 0 HTML0 343279202.700 7 Bid Section 1 0 HTML0 343279202.700 8 Bid Winner: China Construction Third Engineering Bureau Group Co., Ltd. 0 HTML0 343279202.700 9 Consortium Member: Shuifa Planning and Design Co., Ltd. 0 HTML0 UNK2 0 Bid Price (RMB): 343279202.700 HTML0U NK21 Bid Section II 0 HTML0 UNK2 2 Bid Winner: China Construction First Bureau (Group) Co., Ltd. 0 HTML0 UNK2 3 Consortium Member: Shandong Yonggu Survey and Construction Engineering Co., Ltd. 0 HTML0 UNK2 4 Liaoning Urban Construction Design Institute Co., Ltd. 0 HTML0 UNK2 5 Bid Price (RMB): 354328455.52 0 HTML0 UNK2 6 Bid Section III 0 HTML0 UNK2 7 Bid Winner: China Construction Seventh Engineering Bureau Co., Ltd. 0 HTML0 UNK2 8 Consortium Member: Creative Design Group Co., Ltd. 0 HTML0 UNK2 9 Bid Price (RMB): 335735346.540 HTML0 UNK3 0 Project Name: Dongguan Intersection of Huancheng Road and Dongguan Avenue, Nancheng Subdistrict Indemnificatory Housing Project Construction General Contracting 0 HTML0 UNK3 1 Project Scale: The total planned land area is 19462.62 square meters, Class II residential land (R2), plot ratio ≤ 2.8, building height limit 80 meters, building density ≤ 22%, green space ratio ≥ 35%, The total building area is about 87058. 69 square meters, mainly including 5 residential buildings, supporting commercial buildings, gates and basements, etc. The maximum floor number is 26, the maximum building height is about 79.95 meters, and there are 2 floors underground, including: No.1 supporting, commercial and residential buildings (1 building, 25 floors above ground), with a building area of 11726.98 square meters. The building height is 79.90 meters; the building area of No.2 supporting, commercial and residential building (1 building, 26 floors above ground) is 12093. 63 square meters, and the building height is 79.95 meters; the building area of No.3 supporting, residential building (1 building, 26 floors above ground) is 11787. 13 square meters, and the building height is 79.95 meters; No.4 supporting and residential building (1 building, 25 floors above ground) has a construction area of 11248. 25 square meters and a construction height of 79.90 meters; No.5 supporting and residential building (1 building, 25 floors above ground) has a construction area of 13860. 79 square meters and a construction height of 79.90 meters; The building area of No.6 gate (one floor above ground) is 9.95 square meters and the building height is 7.55 meters; 7 basement (2 floors underground) construction area 26331. 0 HTML 0 UNK3 2 Bidding content: The bidding scope of this bidding project: construction and installation engineering, foundation and foundation (including foundation pit support and earthwork engineering), main structure, roof engineering, electrical engineering, water supply and drainage engineering, ventilation and air conditioning engineering, door and window and curtain wall engineering, fire engineering, Elevator engineering, intelligent engineering, gas engineering, civil air defense engineering, building decoration engineering (excluding soft decoration), energy-saving engineering, outdoor engineering (outdoor facilities, ancillary buildings and outdoor environment (including landscape greening engineering outside the red line), outdoor installation), green building and sponge city, termite control engineering, signal coverage engineering, cable TV engineering, floodlighting engineering. Lightning protection works, signage works, parking space marking works, letter box works, intensive land reclamation and cleaning works, current demolition works, and all works in the construction drawings confirmed by the tenderee; for matters not covered in the above bidding scope, please refer to the drawings, bill of quantities and meet the requirements of the design documents. 0HTML0 UNK3 3Bid winning information: 0HTML0 UNK3 4First place: China Construction Second Engineering Bureau Co., Ltd. 0HTML0 UNK3 5Bid price (RMB): 373573463.200 HTML0 UNK3 6Second place: China Railway 12th Bureau Group Co., Ltd. 0HTML0 UNK3 7Bid price (RMB): 374891933.860 HTML0 16000 8 No.3: China Construction Third Engineering Bureau Group Co., Ltd. 0 HTML0 UNK3 9 China Construction Third Engineering Bureau Group (Dongguan) Investment and Construction Co., Ltd. 0 HTML0 UNK4 0 Bid Price (RMB): 375143583. The main construction contents include: about UNK3 meters of strong and weak current lines. Outdoor fire protection is about 8000 meters, road pavement in the community is about 27786 square meters, greening is about 600 square meters, community comprehensive service center is 600 square meters, 60 sets of security monitoring system are installed, 120 street lamps are added, 40 parking spaces are set up, 5 cultural facilities and 3 sets of sports facilities are added. Construction and installation investment is about 4393.Supporting infrastructure reconstruction project of old residential quarters

in Jinfo Area: reconstruction of 19100 square meters of walls, 5000 square meters of roofs, 8000 meters of canopies, and 37841 square meters of internal roads in the residential quarters (including square meters of hard pavement 21077, square meters of asphalt pavement 13257, 3507 square meters of EPDM plastic ground, 6000 meters of roadside stone, 1550 meters of fence, 24035 square meters of greening, 3 barrier-free passages, 661 square meters of community comprehensive service center, 223 additional parking spaces, 4 cultural and sports facilities, 80 sets of aging facilities, 205 sets of lighting, 71 sets of security monitoring facilities and supporting strong electricity. Weak current, communication and lighting pipe network, etc. Construction and installation investment is about 3212.

Longfu District Old Residential Area Supporting Infrastructure Reconstruction Project: The project involves 2 old residential areas, including Dongjiaping No.1, South Street No.4 and No.6, West Street No.13, No.17 and No.19, benefiting 612 households. The main construction contents include: reconstruction of outdoor fire pipeline of about 1440 meters, greening of 3097 square meters, outdoor power grid of about 20000 meters, internal pavement of about 36421 square meters, community comprehensive service center of 4165 square meters, installation of 30 sets of security monitoring facilities, addition of 10 sets of sports fitness facilities, 12 sets of cultural facilities, etc. Construction and installation investment is about 6256.

Nanyuan Road Area Old Residential Area Supporting Infrastructure Reconstruction Project: The project involves the old residential area at No.235, No.237 and No.241 of Jinfo Avenue, benefiting 120 households. The main construction contents include the reconstruction of 13226 meters of outdoor fire-fighting pipeline, 8688 square meters of internal road pavement, 14000 square meters of greening, 800 square meters of community comprehensive service center, 30 new lighting facilities, 5 cultural facilities and 4 sets of sports facilities. Construction and installation investment is about 4192.

West Street Area Old Community Supporting Infrastructure Reconstruction Project: The project involves 4 communities, including Orchard Road Area, No.6-14 Xincun Lane, No.23 West Street and Orchard Community, benefiting 489 households. The main construction contents include: transformation of outdoor power grid 9200 meters, 12686 square meters of supporting road pavement in the community, square meters of green 38962, 2125 square meters of community comprehensive service center, installation of 60 sets of security monitoring facilities, 50 sets of additional cultural facilities, 10 sets of sports fitness facilities, 300 lighting facilities in the community, etc. Construction and installation investment is about 5236.

Total investment amount of this project: 27732 110000 yuan

. Estimated contract amount of this bidding project: 23290.

(2) Construction and installation part: complete all construction contents shown in the construction design drawings confirmed by the audit. Meet the requirements of project quality, construction period and safety control, and complete the filing and handover of data.

(3) General contracting management: comprehensively control the quality, construction period and cost of the contracted project, manage the safety, information and contract in place, and coordinate all parties involved in the construction. Requirements

for construction period: the total construction period is 730 calendar days, and the defect liability period is 24 months.

All can be viewed after purchase
Correlation

On January 27, China Construction Group held the work report meeting of headquarters departments in Beijing in 2025 to summarize and exchange the work results in 2025 and study and deploy the work tasks in 2026. Wen Bing, Deputy Secretary of the Party Leadership Group and General Manager of the Group, attended the meeting and delivered a speech. Zhao Xiaojiang, member of the Party Leadership Group and Deputy General Manager, presided over the meeting. Party members of the group and leaders of the joint-stock company attended the meeting. The Construction Discipline Inspection and Supervision Group in China reported the performance of its duties, and the heads of various departments of the headquarters reported their work on the spot.

2026-01-28 09:51:31

Including but not limited to assisting the construction unit to handle the relevant procedures of the project construction, responsible for the whole process of design, preparation of as-built drawings, procurement, construction, responsible for communication and coordination with the Metro Group during the construction process, completion acceptance, delivery, final accounts, warranty, transfer of project archives, operation of cultural and sports venues, park management and operation, and the implementation of the Employer's requirements.

2026-01-26 13:14:44

The construction of this project includes the main production workshop, auxiliary production facilities, public auxiliary facilities and comprehensive facilities. Main production workshops: electrolysis workshop, power supply rectification workshop (including main control building), alumina storage and transportation system, electrolysis flue gas purification center, anode assembly workshop, casting workshop; auxiliary production facilities: process garage, tank overhaul workshop, ladle cleaning workshop, comprehensive maintenance workshop, carbon slag treatment room, central laboratory, warehouse and temporary storage, etc.; Public and auxiliary facilities: fence, plant road, integrated pipe network (including but not limited to water supply and drainage, fire fighting, natural gas, compressed air, heating and ventilation, circulating water, etc.), air compression station, and booster pump station of the whole plant

2026-01-26 13:14:25

The 200 MW/400 MWh grid-side new shared energy storage project in Wuxiang County is located in Wuxiang County, Changzhi City, Shanxi Province, with an installed power of 200 MW and an energy storage capacity of 400 MWh. It is a demonstration project of grid-side shared energy storage. The project is invested and constructed by Ganshun New Energy Co., Ltd. of Wuxiang County, aiming at improving the peak shaving, frequency modulation and renewable energy absorption capacity of regional power grid by sharing energy storage.

2026-01-22 11:13:34

The newly-built Yichang-Changde Railway starts from Yichang North Railway Station, passes through Yidu and Songzi in Hubei Province and Linli in Lixian County in Hunan Province, and connects to Changde Railway Station, with a total length of 185.741 km. The Hunan section of Yichang Railway starts from the boundary of Hubei and Hunan provinces, passes through Lixian County and Linli County to Changde Station. The design mileage of the main line of Hunan section is DK137 + 200 ~ DK236 + 640.931, and the main line is 98.466 km long. YDK231 + 500 ~ YDK236 + 877.221 is introduced to the right line bypass section of Changde Station, with a line length of 5.377 km. There are 3 stations in Hunan section, including Lixian Station and Linli Station.

2026-01-12 16:58:08

The Fourth Bureau of China Construction has successfully won the bid for a major project of 1.34 billion yuan, demonstrating its strong market competitiveness and the strength to undertake large-scale projects.

2026-01-09 12:05:03

China Electric Power Construction won the bid for three major projects with a total amount of 1.56 billion yuan, demonstrating its strong strength and market competitiveness in the field of power engineering.

2026-01-09 12:04:51

Zhonghai Construction, China Construction Eighth Bureau and China Construction Third Engineering Bureau won the bid of 1.1 billion yuan, 800 million yuan and 550 million yuan respectively, demonstrating the strong market competitiveness of the leading construction enterprises.

2026-01-06 10:17:29

Protection and Development Belt around Wuyishan National Park-Green Development and Industrial Supporting Facilities Project of Moon Bay in Chongyang River at the Source of Minjiang River-Road Network of Moon Bay East Area (Linhou Street, Gongmao Avenue) and Municipal Road Network and Supporting Facilities Project of Moon Bay West Area in Wuyi New Area (Dahongpao Road, Fuhou Street, Linhou Street, Gongmao Avenue)

2026-01-06 09:23:56

The general contracting for the design and construction of Qiantangjiang Road Bridge Project (project name) has been approved by the Development and Reform Bureau of Jingyang District, Deyang City (name of the project approval, approval or filing authority) with the approval document No.283 (name and number of the approval document). The owner of the project is the Development and Construction Management Committee of the Yellow River New Area, Jingyang District, Deyang City. The construction funds come from superior funds, bond funds and financial funds (sources of funds). The proportion of project investment is 100%. The tenderer is the Development and Construction Management Committee of the Yellow River New Area, Jingyang District, Deyang City. The project has met the bidding conditions, and now the general contracting for the design and construction of the project is carried out.

2026-01-04 15:07:42

The bidder shall be an enterprise with Grade A comprehensive qualification for engineering design or Grade B or above qualification for power transmission and transformation engineering design in the power industry, Grade II or above qualification for general contracting of construction engineering or power engineering construction, and with corresponding capabilities in personnel, equipment and funds.

2026-01-04 15:07:37

The main line of the Fuzhou Section of the new Wenzhou-Fuzhou High-speed Railway (hereinafter referred to as the "Project") is about 70 kilometers long, passing through Luoyuan County, Lianjiang County, Mawei District and Cangshan District. In this project, there are more than 20 property right units for the relocation of "three electricity and pipelines", with a total estimate of about 328 million yuan, including: (1) the power relocation project involves 22 lines of 110kV and above, 539 lines of 35kV (8) and below, 172 kilometers of parallel lines, with an investment of about 238.4 million yuan; (2) The communication relocation project involves about 1678 lines (seats), with an investment of about 55.4 million yuan; (3) Water supply and drainage relocation

2026-01-04 15:07:26

MCC19 and MCC5 won the bidding for 540 million yuan and 650 million yuan projects respectively, demonstrating the strong competitiveness and investment of central enterprises in major infrastructure areas.

2025-12-29 13:15:40

The personnel adjustment of three units under China Railway involves major leadership changes, aiming at optimizing the management structure and improving the operational efficiency of enterprises.

2025-12-26 11:19:58

Recently, the SASAC of the State Council announced the appointment and removal of 15 leaders of 10 central enterprises, including Wu Bingqi, the party secretary and chairman of Overseas Chinese Town Group Co., Ltd.

2025-12-26 11:19:45

China Construction Eighth Engineering Group Co., Ltd. won the bid for 1.08 billion projects, and China Construction Fourth Engineering Group Co., Ltd. won 1 billion projects. The two central enterprises continued to make efforts in the field of infrastructure construction, demonstrating the strength of the main force in the construction of state-owned enterprises.

2025-12-26 11:09:33

The Chongqing-Qianjiang Railway won a bid of 6.6 billion yuan, marking that the project has entered the implementation stage and will promote regional traffic upgrading and economic development.

2025-12-26 11:09:28

Several engineering bureaus under China Construction have won the bid for major projects with a total amount of 2.5 billion yuan, demonstrating their strong competitiveness and market dominance in the construction field.

2025-12-25 15:56:12

Several engineering bureaus under China Railway have won major contracts with a total amount of more than 2.9 billion yuan, demonstrating the sustained efforts in the field of infrastructure construction and the strength of enterprises in contracting.

2025-12-25 15:56:04

The total planned land area of the project is 80245. 07 square meters (including urban green space, roads, building connections, etc.), and the total construction area is 197923.84 square meters, of which the above-ground construction area is 129363. 73 square meters and the underground construction area is 68560. 11 square meters. The main construction contents include the headquarters and R & D base of commercial satellite companies, the new generation of information technology area, the frontier technology research work area and the related business rooms of the shared service center, as well as the auxiliary rooms, connecting channels, underground garages for civil air defense, and the construction of urban green space, roads and building connections.

2025-12-23 11:04:12

Shandong won the bid for two expressway projects with a total investment of 4.8 billion yuan to promote regional traffic upgrading and economic development.

2025-12-19 15:18:40

Several subsidiaries of China Construction have won the bid for major projects with a total amount of 9.05 billion yuan, demonstrating their strong strength and market competitiveness in the construction field.

2025-12-18 09:05:50

Several engineering bureaus under China Railway have won a total of 10.5 billion yuan in major projects, demonstrating their strong strength and market competitiveness in the field of infrastructure.

2025-12-18 09:05:44

China Construction has won a new project of 8.78 billion yuan, demonstrating its strong market competitiveness and leading position in the industry.

2025-12-16 10:38:48

The Eighth Bureau of China Construction successfully won the bid for a major project of 1.23 billion yuan, demonstrating its market competitiveness and construction strength, and further consolidating its leading position in the industry.

2025-12-12 14:40:18

China Railway First Bureau won the bid for three major projects with a total amount of 1.98 billion yuan, demonstrating its strong competitiveness and market expansion ability in the field of infrastructure.

2025-12-12 14:40:11

China Construction won the bid for 12.17 billion yuan of major projects, demonstrating its strong strength and market competitiveness, and helping enterprises to sustain development.

2025-12-12 14:39:45

MCC17 won the bidding for a major project worth 2.89 billion yuan in Henan, demonstrating its strong strength in the field of large-scale engineering construction and boosting the high-quality development of regional economy.

2025-12-12 14:39:31

Gezhouba Group won the bid for two projects with a total amount of over 600 million yuan, demonstrating its strong competitiveness and market leading position in the field of infrastructure.

2025-12-12 14:39:24

The Fourth Bureau of China Construction has successfully won the bid for a major project of 1.398 billion yuan, demonstrating its strong strength and market competitiveness in the construction field.

2025-12-04 09:11:42

Many enterprises under China Construction have won the bid for major projects with a total amount of more than 6.4 billion yuan, demonstrating their strong strength and market share in the construction field.

2025-11-26 14:58:57

China Railway Tenth Bureau, China Railway First Bureau and China Railway Eighth Bureau won the bid for more than 3.78 billion yuan of major projects, demonstrating the strong strength and market competitiveness of central enterprises in the field of infrastructure.

2025-11-26 14:58:12

The Fifth Bureau of China Construction has won five major projects with a total amount of 6.3 billion yuan, demonstrating its strong competitiveness and scale advantages in the construction market.

2025-11-26 14:43:47

On November 21, China Construction International and China Construction Installation signed a strategic cooperation agreement in Beijing. Gao Bo, General Manager of Overseas Department of China Construction Group, Secretary of the Party Committee and Chairman of China Construction International, and Wang Jun, Secretary of the Party Committee and Chairman of China Construction Installation, witnessed the signing of the contract. Peng Shihong, Vice General Manager of CSCEC International, and Qin Peihong, Vice General Manager of CSCEC Installation signed the strategic cooperation agreement on behalf of both parties. Zhong Jihou, Vice General Manager of CSCEC International, attended the signing ceremony.

2025-11-24 09:40:07

The Changsha Olympic Sports Center project won the bid, and four enterprises, including the Fifth Bureau of China Construction, jointly won the bid, with a total investment of over 6.7 billion yuan, to promote the upgrading of urban sports infrastructure.

2025-11-21 11:16:38

China Construction Group and CITIC Group signed a strategic cooperation agreement to deepen cooperation in major projects, urban renewal, finance, science and technology, and jointly promote high-quality development.

2025-11-17 16:25:21

According to the website of the Central Commission for Discipline Inspection and the State Supervisory Commission on November 16, Li Baian, former member of the Party Committee and deputy general manager of China Merchants Group Co., Ltd., is suspected of serious violations of discipline and law, and is currently undergoing disciplinary review and supervision and investigation by the Central Commission for Discipline Inspection and the State Supervisory Commission.

2025-11-17 15:23:35

The four bureaus of China Construction have won the bid for major projects with a total amount of 2.8 billion yuan, demonstrating their strong strength and market competitiveness in the construction field.

2025-11-17 15:16:50

China Construction won the bid for a major project of 6.4 billion yuan, demonstrating its market competitiveness and leading position in the industry, and benefiting the company's long-term development.

2025-11-12 16:33:28

Xinjiang won three of the four projects, totaling 3.06 billion yuan, highlighting its important position and investment attraction in regional construction.

2025-11-12 16:33:17

The Second Bureau of China Construction, the Seventh Bureau of China Construction and the China Construction Third Engineering Bureau jointly won the bid for 1.95 billion yuan of major projects, highlighting the strength of the central enterprises and the leading position in the industry.

2025-11-12 09:26:46

MCC1 and MCC17 won the bidding for major projects exceeding 1.1 billion yuan respectively, demonstrating the strong strength and market competitiveness of central enterprises in the field of infrastructure construction.

2025-11-12 09:26:28

The construction includes six sub-items, namely, the medical complex building, the fever clinic, the liquid oxygen station, the garbage and sewage station, the guard, the general drawing and the external network. The total construction area of the project is about 165974. 82 square meters.

2025-11-10 13:57:00

China Construction has successfully won the bid for a major project of 2.9 billion yuan, demonstrating its market competitiveness and leading position in the industry.

2025-10-30 14:43:04

Project Name: Pingle County Characteristic Agricultural Products (Persimmon) Intensive Processing Industry High Quality Development Base Construction Project (EPC) Project General Contracting Successful Candidate Announcement

2025-10-23 15:22:34

China Construction won the bid of 1.38 billion yuan, demonstrating its market competitiveness and leading position in the industry.

2025-10-17 16:11:53

According to the official website of China Construction Group on October 17, Chen Yong was appointed Party member and deputy general manager of China Construction Group Co., Ltd.

2025-10-17 11:06:03

According to the official website of China State Construction Engineering Corporation on October 17, recently, China State Construction Engineering Corporation held a party group meeting to inform the Central Committee of the relevant decision: Comrade Chen Yong was appointed as a member of the party group and deputy general manager of China State Construction Engineering Corporation. Relevant appointment matters shall be handled in accordance with relevant laws and regulations.

2025-10-17 10:11:37

A highway project in Xinjiang has a bid price of 1.9 billion yuan, which highlights the continuous investment of the state in infrastructure construction in the border areas and helps to improve regional economic development and transportation network.

2025-10-16 14:27:28

The Eighth Bureau of China Construction and the Second Bureau of China Construction jointly won the bid for a major project of 1.95 billion yuan, demonstrating the strong competitiveness of the central enterprises in the field of large-scale engineering construction.

2025-10-16 14:27:14

On February 4, Shao Jun, Chairman of China Cement Network, and his delegation visited Jiangxi Yadong Cement Co., Ltd. and were warmly welcomed by Zhang Zhenkun, CEO of Asia Cement (China) Holding Company, and other senior officials. The two sides had a detailed exchange on the current development trend of the industry.