WEEKLY REVIEW (September 3 - September 9)
China to Set up Stock Exchange in Beijing
President Xi Jinping has announced plans to set up a new stock exchange in Beijing in 2021 China International Fair for Trade in Services on September 2, aiming to create a platform for innovative small and medium-sized business owners.
World's First New Energy Distributed Compensator Launched
The 330kV Xuming Transformer No.1 compensator at the Hainan New Energy Base in China's northwestern Qinghai was officially put into pilot run on September 2, marking the utilization of new energy to support safe and stable operation of large power grids.
China's First Land-based Test of 500m Saturation Diving Succeeds
The Ministry of Transport announced on August 31 that China's first land-based manned experiment of 500-meter saturation diving has been successfully completed.
AG600 Amphibious Aircraft to Perform First Airshow
China's independently developed AG600 large amphibious aircraft will perform its first airshow flight at the upcoming Airshow China, according to its developer, the Aviation Industry Corporation of China.