Since the beginning of 2019, great importance has been attached to tackling the core problems of major projects in Huai'an like attracting foreign investment, promoting smooth progress of projects, providing enterprise services, and so on. The period from January to August witnessed the establishment of ninety nine new foreign capital projects, the contracted foreign capital of USD 1.936 billion, and the foreign capital transferred to the account of USD 575 million, an increase of 6.5%, 33.6% and 4.6% year on year respectively.

Breakthroughs have been made in major projects. There appeared thirty six projects including new projects and former projects with new investment, each of at least USD 30 million. These projects include ten projects exceeding USD 100 million and fifteen manufacturing projects.

The structure of foreign investment has been continuously optimized. Foreign capital of manufacturing industry transferred to the account is USD 231 million, accounting for 40.2%. Foreign capital in strategic emerging industries of the index system of high quality development assessment of Jiangsu Province takes up 60.1%, up by 30.3 percentage points.

The first eight months also saw smooth utilization of Taiwan investment. There were thirty eight new projects and the projects with new investment, thus exceeding the provincial high-quality assessment targets. The agreed Taiwan-funded projects reach USD 518 million, an increase of 250.4% year on year. The Taiwan capital transferred to the account is USD 95.621 million. The investment targets for the first eight months are successfully met.