A total of 402 major projects in Zhejiang Province with a total investment of 762 billion yuan held a centralized groundbreaking ceremony in Hangzhou on June 28. Continuously expanding effective investment, optimizing investment structure, and improving investment efficiency are becoming important measures for Zhejiang to promote economic stability and quality improvement.
The major projects started this time are infrastructure first, including 239 infrastructure projects, with a total investment of 442.2 billion yuan and an annual investment of 82 billion yuan.
Zhejiang attaches great importance to industrial transformation and upgrading. Among the projects started this time, there are 163 major industrial projects with a total investment of 319.8 billion yuan and an annual investment of 49.9 billion yuan. Among them, there are 103 advanced manufacturing projects, accounting for 63.2%; 35 new material projects, 14 biomedicine projects, and 11 digital economy projects, accounting for 21.5%, 8.6% and 6.7% respectively.
From the perspective of investment scale, the demonstration and leadership role of major projects is outstanding. Among them, there are 14 projects of more than 10 billion yuan and 40 projects of more than 5 billion yuan; 12 major provincial industrial projects with a total investment of 35.1 billion yuan; and 5 major foreign-invested projects with a total investment of 7.8 billion yuan.
It is reported that this is the second concentrated start of major projects in Zhejiang Province this year. Zhejiang held its first concentrated start of major projects on January 5. As of the end of May, the investment completion rate reached 53.2%, which has improved the stability of the economy throughout the year. Lay a solid foundation. (Reporter Qu Lingyan)
