Huai'an China Investment Investment News
Huai'an's Investment Surges Significantly in Continued Growth
time:2023-11-01

In the first three quarters, fixed asset investment in large-scale enterprises in Huai'an increased by 12.8% compared to the same period last year, marking a 6.1 percentage point acceleration compared to the first half of the year. Notably, industrial investment surged by 17.1%, maintaining its robust growth trajectory.

Infrastructure investment in Huai’an experienced a remarkable upswing, rising by 92.5%. This surge can be attributed to significant infrastructure projects, including the second phase of the Huaihe River estuary channel, the expansion and refurbishment of the Huai'an to Jiangdu section of the Beijing-Shanghai Expressway, and the vigorous expansion and renovation of the Lianshui International Airport terminal area.

Non-governmental investment also saw a respectable increase of 10.4% compared to the same period last year, constituting 78.5% of the total investment. Notably, there were 184 projects with investments exceeding 1 billion yuan, and the proportion of completed investments as part of the total investment grew by 13.9 percentage points compared to the same period last year. Major projects, such as Zenith Steel, Trinasolar, and Jetai New Energy, have played a pivotal role in propelling investment growth by 13.3 percentage points, effectively serving as key drivers of development.