The first half year witnessed a 6.7% year-over-year increase in Huai’an’s fixed assets investment. Among them, the industrial investment grew by 20.7%, which was 14.0 percentage points faster than the growth of total investment, and drove the growth of fixed assets investment by 11.5 percentage points.

In terms of investment subjects, private investment increased by 7.8% year on year, accounting for 80.5% of total investment. It was 0.8 percentage points higher than the same period last year, further stimulating the vitality of private investment.

There were 510 newly-signed projects in Huai’an, each with a minimum investment of 100 million yuan, and 13 projects, each with a minimum investment of five billion yuan, including a project of 10 billion yuan. Additionally, 400 major industrial projects at the municipal level have completed 61.6% of the annual plan, which was 11.6 percentage points faster than the original schedule. The first phase of the major projects, including Zenith Steel quality steel cord, Jetai New Energy, Trina Solar Huai’an Base and NGC Wind Power Gear, have been completed and put into operation, while the second phase is currently under construction.