Briefly

New railway line links Beijing, Tangshan

A 150-kilometer intercity high-speed railway line, linking Beijing and Tangshan in North China's Hebei province, has begun operating. With a designed speed of 350 kilometers per hour, the new line, partially constructed by China Railway 24th Bureau Group Corp Ltd, a unit of China Railway Construction Corp, has slashed the travel time between the two cities to around one hour. This intercity railway not only facilitates travel for residents in areas close to Beijing, but also improves the development prospects of the city cluster.

China Minmetals to see record profits

China Minmetals Corp, the country's largest metals and minerals group, expects to see record-high revenue and profit figures for 2022, the company said at its annual work conference. In 2022, the operating revenues of the mineral giant are expected to rise 9.2 percent year-on-year to nearly 900 billion yuan ($129.5 billion), and its profits and net profits are expected to respectively increase by 18.4 percent and 28.3 percent from 2021.

Xinhua - China Daily