Huai'an China Investment Investment News
Investment in Fixed Assets in Huai'an Grows Steadily
time:2019-12-19

Since the beginning of 2019, the investment structure in all industries in Huai'an has been optimized continuously, which is reflected in the accelerated investment in service industry and steadily growing proportion of investment in high-tech manufacturing industry in total industrial investments.

Investment in fixed assets above designated size increased steadily. From January to November, the investment in fixed assets above designated size increased by 6.2% year-on-year, 0.2 percentage point higher than that of last month. The growth rate has remained stable at about 6% since June this year.

The growth of investment in service industry above designated size accelerated too. From January to November, the service industry above designated size increased by 11.4% year-on-year, 1 percentage point higher than that in October and 15.6 percentage points higher than that at the beginning of this year. Since the beginning of 2019, investment growth rate has continued to increase, 5.6 percentage points higher than the average of Jiangsu Province.

The proportion of high-tech investment in all industrial investments continued to increase. From January to November, high-tech investment, a key assessment indicator of high-quality development, accounted for 21.8% in all industrial investments, 2.8 percentage points higher than that of the first three quarters, and 7.8 percentage points higher than that at the beginning of this year.