State-owned infrastructure giant Power Construction Corporation of China (PowerChina) said it signed new contracts worth 686.7 billion yuan (US$94.5 billion) in the first half of 2025, up 5.83 per cent from a year earlier.

Energy and power projects accounted for the largest share at 431.4 billion yuan, marking a 12.27 per cent year-on-year increase. Contracts in water resources and environmental sectors fell 14.05 per cent to 77.3 billion yuan, while those in urban development and infrastructure dropped 1.65 per cent to 143.3 billion yuan.

Domestic deals totaled 545 billion yuan, up 3.16 per cent, while overseas contracts jumped 17.5 per cent to 141.7 billion yuan.