Huai'an China Investment Investment Projects
Investment Progress in Major Provincial and Municipal Projects in Huai'an City Exceeded Schedule from January to July
time:2024-08-23

In 2024, the medium-term adjustment and replacement of major industrial projects in Huai'an City have been completed. To implement the dynamic adjustment mechanism for major industrial projects in Huai'an, the Municipal Development and Reform Commission has carried out mid-term adjustment and replacement of projects that have not started, stagnated, or terminated investment in 2024. After the adjustment, there are 366 major industrial projects with a total investment of RMB 428.976 billion and an annual planned investment of RMB 140.803 billion, including 344 industrial projects with an annual planned investment of RMB 131.777 billion, 16 service industry projects with an annual planned investment of RMB 7.306 billion, and 6 agricultural projects with an annual planned investment of RMB 1.72 billion.

From January to July, 20 major provincial projects received an investment of RMB 17.862 billion, accounting for 82.24% of the annual plan, exceeding the schedule by 23.91 percentage points. Furthermore, 15 projects are either on schedule or ahead of it.

Besides, 366 major municipal industrial projects have received an investment of RMB 104.897 billion, making up 74.5% of the annual plan, exceeding the scheduled timeline by 16.17 percentage points. Additionally, 323 projects have met or exceeded the scheduled timeline, accounting for 88.25% of all commenced projects. In terms of construction, 81 carry-over projects have achieved an investment of RMB 52.54 billion, making up 78.37% of the annual plan. Moreover, 285 new projects have secured an investment of RMB 52.357 billion, accounting for 70.98% of the annual plan. Regarding industry categories, 344 industrial projects achieved an investment of RMB 98.032 billion, fulfilling 74.39% of the annual plan. 16 service industry projects secured an investment of RMB 5.262 billion, accounting for 72.02% of the annual plan. Additionally, 6 agricultural projects saw an investment of RMB 1.603 billion, accomplishing 93.2% of the annual plan.