[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 October 11, 2026, the newly constructed Nantong Ningbo high-speed railway control project - Wangyu River Cable stayed Bridge was successfully closed, becoming the first double tower cable stayed bridge with a main span of over 300 meters to be closed along the entire line. The newly built Tongsu Jiayong high-speed railway has a length of 301 kilometers and a designed speed of 350 kilometers per hour.Editor/Gong Ziwei
On October 10, 2026, the construction of the upstream and downstream cofferdams for the Gezhouba Navigation Capacity Expansion of the Three Gorges Water Transport New Channel officially began. These two cofferdams will jointly enclose the construction area with the bank slope, creating prerequisites for the construction of the dry land of the 10000 ton new ship lock. This marks the comprehensive entry of Gezhouba's shipping capacity expansion into the main construction phase.Editor/Gong Ziwei