[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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• 2026.07.03 16:59
• [Nanshankou Power Station Finishes Key Underground Construction]
• On June 30, 2026, the excavation of the underground powerhouse of the Nanshankou Pumped Storage Power Station in Golmud, Qinghai, undertaken by Three Gorges Construction, was completed. The power station is the world's largest under construction pumped storage project at an altitude of over 3500 meters, with a total installed capacity of 2.4 million kilowatts. The project has entered the pouring and equipment installation stage, and the first batch of units is planned to be put into operation in 2028. Editor/Min Jing

• 2026.07.03 16:57
• [ENERGY CHINA Gezhouba Starts Zero-Carbon Highway in Guangxi]
• On June 27, 2026, ENERGY CHINA Gezhouba Group began construction of the country's first integrated zero carbon highway project in Guangxi. Supporting photovoltaic energy storage and heavy-duty truck replenishment network, relying on ecological carbon sinks to achieve net zero carbon operation, in line with the national zero carbon channel construction deployment, and creating a demonstration model for low-carbon transformation of transportation. Editor/Min Jing