Huai'an China >Investment >Investment News
Fixed Asset Investment in Huai’an Hits 32 Billion US Dollars

The total fixed asset investment for projects above a designated scale in Huai’an from January to October this year reached 216.55 billion yuan (31.85 billion US dollars), a year-on-year growth of 11.7 percent, ranking the third among cities in Jiangsu province and the first in northern Jiangsu area.

The figure includes the industrial investment of 128.77 billion yuan, a year-on-year increase of 13.1 percent, the service industry investment of 75.61 billion yuan, a year-on-year climb of 1.8 percent, and the real estate investment of 26.30 billion yuan, a year-on-year drop of 3.3 percent

The amount also covers the high-tech industry investment of 29.21 billion yuan, a year-on-year increase of 9.2 percent. The investment in electronic and communication equipment manufacturing sector has strongly supported the high-tech industry in Huai’an, achieving the investment of 7.85 billion yuan, a year-on-year hike of 52.1 percent.