In 2023, the fixed-asset investment above the designated scale in Huai’an City increased by 10.4% year-on-year. The industrial investment in the city grew by 24.4% on an annual basis, the highest in Jiangsu Province. The continuous and fast industrial investment growth led to a year-on-year increase of 13.5 percentage points in the total fixed-asset investment above the designated scale.

While major infrastructure projects, such as the second phase of the Huaihe River Seaward Channel Construction Project, the Expansion and Renovation Project for Huai’an-Jiangdu Section of the Beijing-Shanghai Expressway, and the Expansion and Renovation Project for the Terminal Areas of the Huai’an Lianshui International Airport, progressed steadily, the infrastructure investment in Huai’an soared by 96.7% year-on-year. Meanwhile, the private investment in the city increased by 7.9% year-on-year, accounting for 80.6% of the total investment.

Huai’an has achieved its project attraction targets, as contracts have been signed for 810 new projects that are each valued at more than RMB 100 million and bring in a total investment of RMB 408 billion, including 602 industrial projects worth over RMB 100 million, 32 projects worth over RMB 5 billion, and 5 projects worth over RMB 10 billion. It has also fulfilled its project construction targets, with 416 newly-commenced and 286 newly-completed industrial projects worth over RMB 100 million. The construction of 11 projects worth more than RMB 10 billion has been accelerated, and 8 of them have completed first-phase construction and come into operation.