[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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• 2026.06.18 16:45
• [Chinese enterprises win Indonesian polypropylene project]
• Recently, China Chemical Fifth Ring Engineering Co., Ltd. successfully signed an EPC general contracting project for a 300000 ton annual polypropylene project in Indonesia. The project is located in Indramayu County, West Java Province, Indonesia, and the partner is Politama Company, a well-known local petrochemical enterprise in Indonesia. After the completion of the project, the cooperative enterprise will form a dual production line operation mode, significantly improving the local high-end polypropylene production capacity, filling the gaps in the petrochemical industry chain, and optimizing the overall structure of Indonesia's chemical industry. This cooperation is a new achievement of practical cooperation along the the Belt and Road. In the future, China will promote project construction with high standards and continue to cultivate overseas markets.Editor/Li Xiaohua

• 2026.06.18 16:43
• [Bangladesh seeks infrastructure cooperation with China]
• Bangladesh plans to take advantage of the Prime Minister's visit to China to seek Chinese financing for nearly 20 transportation infrastructure projects, covering multiple fields such as bridges, railways, and subways. The focus of this project is on promoting the construction of nine bridges, including the second Padma Bridge, and the relevant feasibility studies have been completed. At the same time, we plan to restart multiple stalled double track railway renovation projects, purchase railway locomotives and vehicles, and build maintenance bases. In addition, Bangladesh plans a total length of 238 kilometers for the Dhaka Metro network, with an initial investment of approximately 340 billion taka in four lines. Chinese companies will participate deeply in Bangladesh's infrastructure construction for a long time, and the new round of planning will deepen cooperation between the two sides.Editor/Li Xiaohua