[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
Recently, the low nitrogen transformation of steam injection boilers in Fengcheng Oilfield, Xinjiang has been fully completed, with emissions meeting standards and a significant reduction in failure rates, achieving a win-win situation of green and stable production.Editor/Gao Xue
On June 23, 2026, GCL Energy Technology signed a contract with Shaoguan to invest in the construction of a billion dollar South China intelligent computing base, creating a zero carbon computing power base and empowering AI and low altitude economy in the Greater Bay Area.Editor/Gao Xue