[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
The Xinjiang Energy Group's new energy 2.5 million kilowatt wind power project has officially started construction in Qitai County, marking a landmark project for a large-scale clean energy base in the autonomous region. The project is divided into three sub projects, supporting three 220 kV collection stations. After being put into operation, the annual clean electricity transmission capacity will reach 4.36 billion kilowatt hours, saving about 1.32 million tons of standard coal and reducing 330000 tons of carbon dioxide emissions annually. It will effectively promote the green transformation of energy structure in northern Xinjiang. Editor/Cheng Liting
On October 8, 2026, Indonesian President Prabowo presided over the launch ceremony of 11 Chinese funded mining downstream projects at the Weidabe Industrial Park in Central Hamahira District, North Maluku Province. These projects have a total investment of approximately 10.2 billion US dollars and involve fields such as power batteries, nickel cobalt materials, electrolytic aluminum, new energy engineering machinery, and commercial vehicle manufacturing. Editor/Cheng Liting