[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
On June 9, 2026, Harbin Railway launched a new channel for intermodal transportation of iron and steel. The first train of 4000 tons of coal was sent from Hailar South Station to Panjin Port for transfer along the coast, which was shortened by 3 to 4 days compared to the original transportation.Editor/Gao Xue
Recently, Far East Energy signed a contract for a 128MW offshore wind power project in Vietnam, supplying 16 8.XMW units. This project is the first batch of Vietnam Power Planning VIII, which helps green energy cooperation along the the Belt and Road.Editor/Gao Xue