[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, Shanxi Lu'an Chemical Machinery (Group) Co., Ltd. exclusively manufactured the first Jinhua furnace in China with a daily coal consumption of 3000 tons per furnace, which has been successfully put into operation in the Xinlianxin Chemical New Materials Project in Henan. The project is equipped with 2 sets of coal water slurry water-cooled wall gasification furnaces, Jinhua furnace, operating in one on one standby mode, with a gasification pressure of 6.5 megapascals and a total gas volume of 170000 standard cubic meters per hour, relying on bituminous coal to achieve efficient gasification conversion.Editor/Cheng Liting
On September 12, 2026, the world's largest salt cavern compressed air energy storage project, the Huaneng Jintan 2 × 350 MW salt cavern compressed air energy storage power generation phase II project, completed the complete start-up of two main units, with stable and reliable equipment operation, marking an important breakthrough in China's key core technologies and system integration capabilities in the field of large capacity salt cavern compressed air energy storage. Editor/Cheng Liting