Core Insights - The construction of the Pinglu Canal is progressing rapidly, with significant milestones achieved in investment and project completion [2][3][4] - The Guangxi Natural Resources Department has implemented efficient land approval processes to support the project, showcasing a "Guangxi speed" in land acquisition [3][4] - The project is part of a broader initiative during the 14th Five-Year Plan to enhance infrastructure and economic development in Guangxi [4][5] Investment and Construction Progress - As of November 3, the Pinglu Canal project has completed an investment of 62.05 billion yuan, accounting for 85.3% of the total investment [2] - Approximately 29.6 million cubic meters of earthwork excavation has been completed, representing 93.8% of the total [2] - The main concrete pouring for the ship lock has reached 5.648 million cubic meters, which is 96.6% of the total [2] - The waterway has been basically formed over 109 kilometers, covering 86.7% of the project [2] Land Approval and Policy Support - The Guangxi Natural Resources Department has adopted a proactive approach to land approval, completing necessary documentation in just 10 days for the project [3] - Since the beginning of the 14th Five-Year Plan, Guangxi has approved a total construction land area of 111,100 hectares, supporting 905 major projects [4] - The region has established a comprehensive service mechanism for major projects, ensuring that land needs are met efficiently [4] Technological and System Innovations - The introduction of the "Smart Site Selection" system has streamlined the site selection process, saving over one month on average for construction projects [5] - The Guangxi government has implemented a dynamic regulatory system for land use planning, ensuring that 2,568 major infrastructure projects are included in the national planning guarantee [5] Strategic Importance - The Pinglu Canal is a key component of Guangxi's strategy to enhance infrastructure and economic development, contributing to the Western Land-Sea New Corridor [4][5] - The Natural Resources Department emphasizes the importance of major projects as critical drivers for high-quality development in the region [5]