[In 2022, China's foreign contracted projects will turnover of 1 trillion yuan] Recently, the State Council Information Office held a press conference. At the meeting, Vice Minister of Commerce Guo Tingting introduced that in 2022, foreign non-financial direct investment will be 785.94 billion yuan, an increase of 7.2%. Among them, investment in countries along the Belt and Road increased by 7.7%, accounting for 17.9%. Foreign contracted projects developed steadily, with a turnover of 1.0 trillion yuan, an increase of 4.3%, and 59 new projects with a contract value of more than 50 million US dollars compared with 2021. Editor/Xu Shengpeng

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• 2026.08.10 11:16
• [Bayannur Taiyanggou Pumped Storage Plant Hits Key Construction Milestone]
• Recently, the excavation of the right bank dam shoulder of the main dam of the Taiyanggou Pumped Storage Power Station in Bayannur, Inner Mongolia has reached the design elevation, and the main construction of the reservoir has been fully launched. The storage capacity of the upper and lower reservoirs is considerable, and multiple supporting facilities are being promoted simultaneously. The project construction is steadily accelerating. Editor/Min Jing

• 2026.08.10 11:13
• [China Power Construction Peru Photovoltaic Project Debuts and Enters Live Debugging]
• Recently, the first 33 kV collection line of the 96.9 MW photovoltaic project in Vaira, Peru was successfully powered once. The live equipment is running stably, and the project has officially entered the live commissioning stage. After the completion of the project, the average annual power generation is expected to reach 250 million kilowatt hours, which can meet the annual electricity demand of about 230000 Peruvian households and reduce carbon dioxide emissions by about 150000 tons per year.Editor/Cheng Liting