[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

Click to see more live >>

• 2026.07.15 10:45
• [TBEA’s First Self-Developed UHV High-Impedance AC Transformer Passes All Tests]
• TBEA has independently developed the first prototype of ultra-high voltage high impedance AC transformer in the manufacturing industry, and multiple parties have witnessed its one-time passing of all testing and trials. The product can suppress short-circuit current in the power grid, save equipment renovation investment, and comprehensively improve the safety and stability of power grid operation. Editor/Min Jing

• 2026.07.15 10:44
• [Chinese Equipment Supplied to Zhanaozen Gas Processing Plant in Kazakhstan]
• The Zanaojin Natural Gas Processing Plant in Mangystau Oblast, Kazakhstan has invested 216 billion tenge in steady construction, with over 90% of the pending equipment produced in China and a manufacturing completion rate of 48.3%. The project will be put into operation in 2027, with both new and old gas plants operating simultaneously to expand local natural gas deep processing capacity. Editor/Min Jing