[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
Kazakhstan's Deputy Minister of Transport Rastayev met with Zhang Liang, Vice President of Urumqi Airlines, to discuss the establishment of a joint venture airline and the opening of three new China Kazakhstan routes, with C909 as the main aircraft model. The route is expected to depart in September, helping domestic regional aircraft deepen their cultivation in Central Asia and improve the air passage between China and Kazakhstan. Editor/Min Jing
On August 2, 2026, Zhang Qijun announced at the annual meeting of Sun Island that the main body of the Heihe to Blagoveshchensk cross-border cableway had been completed, and the project would be completed within the year. The one-way travel time of the cableway is only 6 to 8 minutes. After completion, it will improve the three-dimensional cross-border transportation system in Heihe and promote the coordinated development of cultural, tourism, and commercial trade on the China Russia border. Editor/Min Jing