[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
In April 2026, Egypt launched the upgrading plan for the four links in the Upper Egypt Industrial Park, prioritizing the improvement of water, electricity, and road facilities, and introducing private capital to participate in operations, providing a new window for Chinese manufacturing enterprises to go global.Editor/Gao Xue
In April 2026, United Energy Group signed a memorandum of understanding with Egyptian companies to jointly build a green hydrogen hub along the Mediterranean coast, with a daily production capacity of approximately 480 tons of green ammonia, targeting the European energy market.Editor/Gao Xue