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254.67 Billion Yuan Investment Made in Changsha’s Major Projects in First 7 Months

Updated: 2020-08-26

Changsha held a major project scheduling and investment planning meeting on August 25. It announced that, a total investment of 254.67 billion yuan was made in Changsha’s 1,320 major projects from January to July this year, accounting for 70.9% of the city’s annual target. Construction of 633 new projects had begun, with an operation rate of 96.5%. Among them, 244 projects had been started ahead of schedule.

Since this year, Changsha has been racing against the clock to coordinate and advance major project construction. The city’s industrial chain projects and landmark key manufacturing projects have all made great progress and achieved remarkable results.

During the January-July period, a total investment of 54.92 billion yuan was made in the city’s 315 major industrial chain projects, accounting for 72.7% of the annual target. Among them, 29 industrial chain projects directly coordinated by municipal leaders achieved an investment of 17.03 billion yuan, accounting for 70.1% of the annual target.

During the period, 34 major provincial industrial projects in Changsha accomplished a total investment of 35.62 billion yuan, accounting for 69.5% of the annual target. A total of 64 projects of “Top 500 Companies” were introduced with a total investment of 72.91 billion yuan, exceeding the annual target ahead of schedule.

Seventeen landmark key manufacturing projects achieved a total investment of 19.09 billion yuan during the period, constituting 71.7% of the annual planned investment.

Translator: Kuang Zhenzhen

Chinese source: changsha.gov.cn