Since this year, Huai'an has promoted the city's financial institutions to actively protect the capital needs of major industrial projects, and provide strong financial support for its high-quality economic development. In the first quarter, 2022, the growth rate of the city's financial loan balance ranked the first among the province. From January to March this year, there were 158 out of 390 major industrial projects achieved the financing connection, accounting for 40.5%; the amount of the connection reached 57.88 billion yuan, accounting for 42.8% of the annual investment plan.

While protecting the project funds, the financial institutions has been promoting the release of funds in an orderly manner. As of the end of March, there were 9.58 billion yuan of released financing matching funds as well as 12.73 billion yuan approved to be released, and the two accounted for 38.6% of the total. Among them, industrial projects, service oriented projects, and agricultural projects took up 12.71 billion yuan, 9.18 billion yuan, and 420 million yuan, respectively.