The new coronary pneumonia epidemic has had a certain impact on China’s economic development, especially on the supply side due to delayed corporate resumption. From January to February, the cumulative value added of industry decreased by 13.5% year-on-year, the total investment of fixed assets decreased by 24.5% year-on-year, and the total retail sales of social consumer goods fell by 20.5% year-on-year.
In this context, it is now a hot topic to do a good job in epidemic prevention and control while promoting enterprises to resume work as soon as possible. State Grid Co., Ltd., as a large central enterprise related to the lifeline of the national economy, has exerted its strength in many ways and fully supported the resumption of production and production in all walks of life. In extraordinary times, the role of the central government’s “pillars” has become increasingly prominent.
In early March, “new infrastructure” made waves in the market. UHV is one of them. Under this circumstance, the State Grid Corporation of China prepared the preliminary work plan for the 2020 UHV and inter-provincial 500 kV and above DC projects. The market responded strongly. Comparing the Wand UHV Index since January with the major market indexes (see Figure 2), it can be clearly seen that the UHV Index in February rose by 20.36%, slightly higher than the major market index. Since March, the UHV index has risen against the trend. As of March 18, it has risen by 32.67%. Based on the market’s emphasis on “new infrastructure” and the future planning and bidding of the State Grid Corporation’s UHV project, the popularity of the UHV sector is expected to continue.