[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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• 2026.01.14 09:39
• [China Power Construction signs overseas major order]
• On January 13, 2026, PowerChina announced that the company had recently signed two major overseas EPC general contracting contracts. Its subsidiary has signed a contract with a Kazakh enterprise for the first phase of a multifunctional rehabilitation center project worth approximately 6.873 billion yuan. At the same time, another subsidiary consortium signed a contract with a Laotian company for a 770 MW hydropower project worth approximately 8.716 billion yuan. The total amount of the two contracts is approximately 15.589 billion yuan, involving full process services such as engineering construction and equipment procurement. Editor/Gao Xue

• 2026.01.14 09:37
• [Ten thousand ton new material project starts construction]
• On January 8, 2026, the annual production of 10000 tons of polyolefins and alkyl aromatic hydrocarbons project by Apeene officially started in Xuwei New District, Lianyungang, Jiangsu. The first phase of the project will construct a 36000 ton/year poly (alpha olefin) plant, which is a key expansion layout for the company after the successful operation of the demonstration plant in Shaoxing, Zhejiang. The project aims to enhance the production capacity of high-end synthetic materials and respond to the national new materials industry development strategy. The main leaders and enterprise leaders of Lianyungang City attended the groundbreaking ceremony, marking that this provincial-level major project has entered the substantive construction stage and will inject new impetus into the upgrading of the regional new materials industry. Editor/Gao Xue