[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

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• 2026.08.24 15:03
• [Chinese-built Tanzania Hydropower Station Officially Operational]
• On August 22, 2026, the Julius Nyerere hydroelectric power station in Tanzania, which POWERCHINA participated in, was officially put into operation. The power supply of the project covers nearly half of the local electricity demand, effectively alleviating power shortages, improving people's electricity consumption, and helping Tanzania consolidate its advantages in energy development in the East African region. Editor/Min Jing

• 2026.08.24 14:58
• [CNOOC Tops Out Asia's Largest Offshore Crude Oil Platform in Zhuhai]
• On August 22, 2026, CNOOC completed the capping of the main body of Huizhou 19-6 offshore crude oil processing platform in Zhuhai. This platform is the largest facility of its kind in Asia, which will serve the development of 100 million ton oil fields in the the Pearl River River Mouth Basin and help the country to stabilize energy supply.Editor/Min Jing