Hangzhou:

Geely and Daimler AG Will Set up a Factory and Make smart in China

News
   Local
   National
   International
Business
   Investment Guides
   Enterprises
Education
   Prominent Educators
   Preparatory Schools
   Colleges and universities
Travel
   WestLake
   Museums
   SceneSpots
   LocalProducts
Photos
   News photo
   Features
   Hotels
   Restaurants
   Other Links
   Shopping Focus
 
HangZhou News>>News>>
Hangzhou gets off to a flying start in effective investment
en.hangzhou.com.cn  2019/04/26 14:41  ehangzhou.gov.cn

Hangzhou, capital of Zhejiang province, is off to a good start in expanding its effective investment, with fixed-asset investment up 11.5 percent in the first two months of this year, according to a conference held on March 29.

Investment in major transportation projects exceeded 100 billion yuan ($14.9 billion) in January and February.

Effective investment is crucial to stimulating economic growth, said an official from the Hangzhou Development and Reform Commission, adding that a total of 438 major projects worth 211.2 billion yuan are planned for this year.

Projects focusing on digital economy, biopharmaceuticals, cloud computing, big data, digital security, artificial intelligence, and integrated circuits are in the works.

Hangzhou aims for an increase of over 10 percent in industrial investment, which has seen lackluster growth in recent years.

Construction on several new major transportation projects is also speeding up, including subways, airport express lines, intercity railways, and other supporting facilities.

Author: Editor:Xiao Yimin
 
© Copyright HangZhou.com.cn , All Rights Reserved. Contact us