[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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• 2026.04.01 15:19
• [Liantang 1000 kV Substation Main Transformer Expansion Project]
• The first ultra-high voltage project in Shanghai during the 15th Five Year Plan period, the main transformer expansion project of Liantang 1000 kV substation, has recently started construction. As the core hub for East China Power's entry into Shanghai, the project has a total investment of 350 million yuan and is planned to be put into operation in June 2027. It will add 3 million kVA main transformers and increase Shanghai's external power receiving capacity by 50%. This expansion will be connected with the Mongolian Electric Power's Shanghai Ultra High Voltage Direct Current Project, which is expected to introduce 40 billion kilowatt hours of clean electricity from Inner Mongolia annually, with green electricity accounting for over 50%.Editor/Cheng Liting

• 2026.04.01 15:13
• [Tashkent International Financial Center officially established]
• Uzbekistan's President Mirziyoyev signed a decree officially establishing the Tashkent International Financial Center and the International Commercial Court. The center covers the entire financial chain including banking, investment, securities, digital assets, and Islamic green finance, and is subject to special legal systems. The central management agency has the authority to issue normative documents in multiple fields and directly apply the principles of English common law and equity in the Ukrainian legal system for the first time. The commercial court has two levels of first instance and appeal, providing new legal protection for international capital.Editor/Cheng Liting