With a total investment of about 15.91 billion yuan, the consortium of China Construction Department won the bid for new projects.

2026-05-25 13:45:14

The four-party consortium of China Construction Department (China Construction First Bureau, China Construction Second Bureau and China Construction Third Engineering Bureau) led by China Construction Co., Ltd. ranked first with a comprehensive score of 96.56 points (far exceeding the second 80.46 points). The charging period of 298 months (about 24.8 years) is the lowest in the effective range. The project adopts the franchise mode. The total length of the main line is 83.119 kilometers. The estimated total investment is about 15.910 billion yuan. It is planned to start construction at the end of December 2026. The construction period is 3 years.

The four-party consortium of China Construction Department (China Construction First Bureau, China Construction Second Bureau and China Construction Third Engineering Bureau) led by

China Construction Co., Ltd. ranked first with a comprehensive score of 96.56 points (far exceeding the second 80.46 points). The charging period of 298 months (about 24.8 years) is the lowest in the effective range. The project adopts the franchise mode, with a total length of 83.119 kilometers and an estimated total investment of 15.910 billion yuan. It is planned to start construction at the end of December 2026, with a construction period of 3 years. It spans four districts and cities of Pingdu, Laixi, Jimo and Chengyang, and is the north-south longitudinal high-speed artery connecting Laizhou and the main urban area of Qingdao.

[Project Name] Bidding for

Concessionaire of Qingdao Section of Laizhou-Qingdao Expressway [First Successful Bidder and Quotation] China State Construction Engineering Corporation Limited (Lead) + Consortium (4 companies in total: China Construction First Bureau (Group) Co., Ltd., China Construction Second Engineering Bureau Co., Ltd., China Construction Third Engineering Bureau Group Co., Ltd.): The charging period is 298 months (about 24.8 years), and the estimated total investment of the project is about 15.910 billion yuan (Note: this project is a franchise mode, and the bidding takes the charging period as the core parameter. The

project is located in Chengyang District, Jimo District, Laixi City and Pingdu City of Qingdao City, starting from the boundary of Pingdu and Laizhou in the north of Xishang Village, Jiudian Town, Pingdu City (north to Laizhou Section of Laiqing Expressway), and ending at the expressway from Blue Valley to Jiaodong International Airport under construction. It connects Shuangyuan Road Expressway and Huanwan Avenue through Shuangbu Connection Line to Chunyang Road. The total length of the main line of the expressway is 83.119 kilometers (73.062 kilometers for the four-lane section and 10.057 kilometers for the six-lane section), and the three connecting lines of Shuangbu, Jiudian and Rizhuang are constructed simultaneously. There are 1 extra-large bridge of 3,027m, 18 large bridges of 5,933.7m, 11 medium bridges of 799m, 145 culverts, 9 interchanges, 19 separated interchanges, 38 passages and 16 overpasses along the whole line; One service area, one parking area, two maintenance work areas, one monitoring and communication sub-center, one main line toll station and five ramp toll stations. To adopt the franchise mode, the winning consortium must form a project company with the representative of the government investor, which is responsible for the whole process of investment and financing, construction, operation, maintenance and transfer, and will be transferred free of charge after the expiration of the franchise period.

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The four-party consortium of China Construction Department (China Construction First Bureau, China Construction Second Bureau and China Construction Third Engineering Bureau) led by China Construction Co., Ltd. ranked first with a comprehensive score of 96.56 points (far exceeding the second 80.46 points). The charging period of 298 months (about 24.8 years) is the lowest in the effective range. The project adopts the franchise mode. The total length of the main line is 83.119 kilometers. The estimated total investment is about 15.910 billion yuan. It is planned to start construction at the end of December 2026. The construction period is 3 years.

2026-05-25 13:45:14

On May 27, the 2026 RCEP Member Countries Local Trade and Investment Cooperation and Exchange Dialogue, co-sponsored by the Chinese People's Association for Friendship with Foreign Countries and the People's Government of Anhui Province, was held in Wuhu, Anhui Province. The dialogue is an important sub-forum of the 2026 RCEP Local Government and Friendship City Cooperation (Huangshan) Forum. Yang Jun, Party Secretary and Chairman of Conch Group, was invited to attend and deliver a speech.