Huai'an City has unwaveringly focused on making project breakthroughs and strengthening high-quality development. From January to September, the city's GDP, added value of industries above designated size, total industrial invoice sales, industrial investment, and industrial electricity consumption grew by 7%, 10.1%, 13.4%, 24.3%, and 27.6% year-on-year respectively, all leading in Jiangsu Province.
From January to September, the city signed agreements for new projects each worth more than RMB 100 million, totaling an investment of RMB 467.63 billion, and including 681 industrial projects above this threshold. These achievements represent 116.91% and 85.13% completion of their annual targets respectively, surpassing planned schedules by 41.91 percentage points and 10.13 percentage points respectively. Among these newly signed industrial projects valued at over RMB 100 million, there are investments from 31 listed companies, 245 high-tech enterprises, 113 specialized, sophisticated, distinctive, and innovative "little giant" companies, and 4 central state-owned enterprises.
The city continues to reinforce full lifecycle management for "five new" projects while dynamically monitoring the construction of major and large projects. For those under construction at a slow pace, we will conduct "in-depth" scheduling to precisely identify constraints and issues hindering project progress, timely consult and handle them, with clear responsibilities assigned to individuals or specially-assigned teams to enhance the speed and efficiency of projects. The annual investment plan for key provincial and municipal projects was almost completed in the first three quarters.
Adhering to the principle of "resources serve projects," Huai'an consistently enforces the element guarantee mechanism for major and large municipal projects to optimize resource allocation efficiency and accelerate the completion of significant large-scale projects. By the end of September, the guarantee rate of land used for major and large provincial and municipal projects reached 98.2%; moreover, financing agreements were secured for 187 major industrial projects totaling RMB 63.478 billion.