It has been dubbed "another Three Gorges Dam project above the Earth." The project will use super-heavy rockets to loft its components to a geostationary orbit above Earth.

The scheme dwarfs the mighty Three Gorges Dam, currently the world's largest, and Chinese construction and engineering stocks surged after Premier Li Qiang unveiled it on the weekend.

News about Three Gorges Dam, including commentary and archival articles published in The New York Times.

China has begun construction on what will be the world’s largest hydropower dam, a facility with a projected annual generation capacity of 300 billion kWh of electricity—nearly three times the ...