[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
On September 27, 2026, it was learned from China National Petroleum Corporation that the newly discovered geological reserves of coalbed methane in the Sanjiaobei block located in Lvliang, Shanxi exceeded 100 billion cubic meters, marking important progress in the exploration and development of deep coalbed methane in China and providing new support for ensuring national energy security. By the end of 2025, the cumulative proven geological reserves of deep coalbed methane in China have exceeded 1 trillion cubic meters.Editor/Gong Ziwei
As of the end of August 2026, the cumulative installed power generation capacity in China is 4.103 billion kilowatts. On September 24th, the National Energy Administration released the national electricity statistics data from January to August. As of the end of August, the cumulative installed power generation capacity in China was 4.103 billion kilowatts, a year-on-year increase of 11.1%. Among them, the installed capacity of solar power generation was 1.299 billion kilowatts, a year-on-year increase of 16.3%; The installed capacity of wind power was 693 million kilowatts, a year-on-year increase of 19.6%. From January to August, the cumulative average utilization of power generation equipment in China was 1942 hours, a decrease of 163 hours compared to the same period last year.Editor/Gong Ziwei