Briefly

Hydrogen production station begins ops

China's first integrated methanol hydrogen production and refueling station was put into operation on Wednesday in Dalian, Liaoning province, said its operator China Petrochemical Corp. The station, capable of producing 1,000 kilograms of high-purity hydrogen daily, uses a methanol-to-hydrogen process to produce the hydrogen, said the company, also known as Sinopec, the world's largest refiner by volume. Compared with current hydrogen production models, the integrated hydrogen production and refueling station will reduce costs by 20 percent by cutting costs associated with hydrogen storage and transportation, it said.

PBOC to issue 25b yuan of bills in HK

China's central bank plans to issue 25 billion yuan ($3.67 billion) worth of bills in Hong Kong on Tuesday. The central bank bills will be issued in two batches. One is worth 10 billion yuan with a maturity of 91 days. The other is worth 15 billion yuan with a maturity of one year, the People's Bank of China said in a statement. The move aims to enrich yuan-denominated investment products with high credit ratings in Hong Kong and improve the yield curve of the yuan in the region, the central bank said.

New machine to help railway construction

State-owned builders are elevating cutting-edge technologies to help boost engineering construction. China Railway No 4 Engineering Group Co Ltd has created and mass-produced the country's first cantilever intelligent bridge building machine to help bolster railway construction. Experts from Wuhan Institute of Technology have approved the machine, which integrates hydraulic transmission, intelligent control, high-tech monitoring and other modalities, raising the work efficiency of cantilever cast-on-site beams by more than 20 percent. It is being used in building railway bridges on the Shanghai-Chongqing-Chengdu High-speed Railway, linking a number of city clusters along China's longest river.

China Daily - Xinhua