[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
On September 8, 2026, the Cundinamarca Province of Colombia held an international promotion event for the northern tram project, with representatives from 17 countries including China, South Korea, the United States, and Portugal in attendance. The Chinese side expresses its willingness to participate. The project is 48.9 kilometers long with a total investment of over 5.5 billion US dollars, and the bidding work is progressing in an orderly manner. Editor/Min Jing
On September 9, 2026, the CCCC Malaysia East Coast Connection Railway Project launched dynamic testing operations simultaneously for the east and west sections, with the west section starting speed increase tests and the east section advancing signal system tests. The project takes Guandan as the dividing point, and the testing has moved from single section testing to full line multi system verification, achieving phased progress in engineering construction. Editor/Min Jing