[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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• 2026.05.22 14:18
• [The Hubei section of the Xi'an Shiyan high-speed railway has started operational testing]
• On May 22, 2026, the Hubei section of the West Tenth High Speed Railway officially entered the operational testing phase. The total length of the line is 256.938 kilometers, with a designed speed of 350 kilometers per hour. It has 7 stations and crosses the Qinling Mountains to connect Xi'an and Shiyan. After opening, it will be connected to the Han Shi High speed Railway, with a travel time of about 1 hour from Shiyan to Xi'an and 3 hours from Wuhan to Xi'an. Wuhan, Zhengzhou, and Xi'an will form a high-speed railway triangle loop. Editor/Cheng Liting

• 2026.05.22 14:17
• [Ningxia adds 4000 tons of waste battery recycling project]
• Recently, the Ningxia Government Service Network released a notice on the Environmental Impact Assessment of the Lithium Battery Dismantling and Tiered Utilization Project of Ningxia Zhongmi Technology Co., Ltd. The Yinchuan Approval Service Management Bureau has made an approval decision on the environmental impact assessment of the construction project. The project is located in Suyin Industrial Park, Yinchuan. Two power lithium battery recycling production lines will be built using vacant factories, with an annual processing capacity of 4000 tons of waste lithium batteries. The main products are aluminum powder, copper powder, and black powder. The total investment of the project is 51 million yuan, of which the environmental protection investment is 1.055 million yuan, accounting for 2.07% of the total investment, including the prevention and control of waste gas, noise, solid waste, and wastewater. Editor/Cheng Liting