China State Grid Corp Reports 81% Surge in Investment in Early 2026
State Grid Corp. of China announced a fixed-asset investment of 75.7 billion yuan ($11 billion) in January and February 2026, an 81% increase from the previous year. The company is focusing on ultra-high-voltage transmission lines and distribution projects as part of Beijing's strategy to boost infrastructure spending. Investments in grid renovation and distribution networks surpassed 33.7 billion yuan, more than double compared to early 2025. Overall grid spending in China is expected to continue rising through 2030.
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State Grid Corp. of China reported a fixed-asset investment of 75.7 billion yuan ($11 billion) in the first two months of 2026, an increase of 81% year-on-year. The company is focusing on ultra-high-voltage transmission lines and upgrades to the distribution network.
Investments in grid renovation reached 33.7 billion yuan, more than double the amount from early 2025. Overall investment in China's grid was 639.5 billion yuan in 2025, marking a 5% increase, with expectations for continued growth through 2030 as Beijing aims to alleviate transmission bottlenecks.
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