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As a pioneer of Belt and Road Initiative projects, the company has established 193 branches and offices in 103 countries and regions. It has more than 60 subsidiaries, including China Harbor Engineering, China Road and Bridge, and Shanghai Zhenhua Heavy Industries. It employed more than 35,700 people in 135 countries and regions by the end of last year.

As for private charging piles, 270,000 units were installed in the past year alone, with a monthly average increase of 22,500 piles.

As a key aspect of the "Made in China 2025" manufacturing upgrade, China is expanding its pool of skilled workers. On Thursday a guideline was issued on incentivizing skilled workers through their political status, incomes and social benefits.

As a major coal-rich province in the country, Shanxi has produced more than 19 billion tons of coal since the founding of the People's Republic of China in 1949.

As a public-private partnership project, the cooperation agreement lasts for 34 years, the first four years of which will be spent on construction, followed by 30 years of management. A consortium of private companies, lead by Fosun, will hold a controlling 51 percent stake in the project.