[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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  • 2026.11.12 10:30
  • [China's crude oil imports decrease by 15.1% in the first 10 months of 2026]
  • In the first 10 months of 2026, the total import and export value of China's goods trade was RMB 44.81 trillion, a year-on-year increase of 20%. Among them, exports amounted to 25.99 trillion yuan, an increase of 17.6%; Imports amounted to 1.882 trillion yuan, an increase of 23.6%. From the perspective of key commodities, in terms of imports, China imported 8.17 trillion yuan worth of mechanical and electrical products in the first 10 months, an increase of 35%; 400 million tons of crude oil, a decrease of 15.1%; Agricultural products amounted to 1.29 trillion yuan, an increase of 4.6%. Editor/Cheng Liting
  • 2026.11.12 10:29
  • [Pure electric solar powered unmanned aerial vehicle makes its maiden flight and lands]
  • On November 11, 2026, China's independently developed "Light Cavalry" small and medium-sized solar powered unmanned aerial vehicle successfully made its maiden flight at an airport in northwest China. As a pure electric aircraft powered solely by solar energy, the "Light Cavalry" has core advantages such as long endurance, rapid deployment, and convenient support. This model is 3.2 meters long, with a wingspan of 8 meters, and a maximum designed endurance time of 30 hours. Editor/Cheng Liting
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