[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
The two core sections of Anhui Huoshan Pumped Storage Power Station with a total investment of 7.556 billion yuan have been finalized, and Sinohydro 5 has won the bid for reservoir related projects, totaling over 1.4 billion yuan. The project is about to enter the main construction phase, which will assist in the construction of Anhui's new power system and local development. Editor/Min Jing
Moroccan operator inwi collaborates with Huawei to complete the commercial deployment of dual band 8T8R along the high-speed rail line, leveraging HyperBeamforming technology to expand signal coverage and significantly enhance the downstream network experience. The plan does not require the addition of new base stations, optimizes the quality of high-speed rail mobile communication, and helps with local digital construction. Editor/Min Jing