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Kaifu District Sees Great Economic Growth in H1

Updated: 2020-07-31

A meeting was held on July 30, to analyze Kaifu District’s economic situation in the first half of the year, summarize its participation in the city’s “Working Hard for 100 Days to Achieve Half Annual Tasks and Goals” campaign, and mobilize its major industrial project construction. 

The meeting announced that, in the first half of the year, Kaifu District’s foreign trade value rose by 377.32% from a half year earlier; and, its number of “Enterprises above a Designated Size in Four Sectors” increased by 46, with a year-on-year growth rate of 100%. 

Kaifu District has made unremitting efforts to prevent the epidemic while resuming work and production, with its main economic indicators rising steadily. In the first half of the year, 

-The district signed 19 industrial projects, with an investment of 18.5 billion yuan; 

-The district’s 171 projects were advanced ahead of schedule, and its 80 municipal major projects attracted an estimated investment of 13.1 billion yuan, accounting for 67.2% of the district’s annual plan;

-The district attracted a number of large high-quality projects, such as Singapore Silver Rock Group and iQIYI Central China Headquarters; 

-The district operated 256 China-Europe (Changsha) freight trains, up 68.1%;

-The added value of industrial enterprises above a designated size in the district rose by 4.8%, and investment in manufacturing increased by 67.9%; and,

-The district’s number of market entities increased by 7,367, and its enterprise proportion and quality ranked first among the five urban districts in Changsha. 

Translator: Kuang Zhenzhen

Chinese source: hunan.gov.cn