Copyright 2024 - Ningbo Life / Ningbo Expat

Xiangshan’s investment in the fixed assets reaches 5.903 billion yuan this year

According to Xiangshan County Development and Reform Bureau, from January to June this year, the county completed the investment 5.903 billion yuan in the fixed assets reaches, increased by 18.9% year on year, 4.9 points above the growth rate in the same period of previous year. In terms of growth rate, it ranks No.8, in front of Jiangbei, Beilun and Fenghua City. 
In this year, following the general investment promotion plan of Ningbo, Xiangshan Party Committee and Xiangshan Government took various measures to promote investment and this resulted in the fast growth of the investment in fixed assets. 
 “In the first half of this year, there is a notable increase in the investment in the second and third industries and this has laid down a good foundation for the development in the coming years,” said a related person of Xiangshan Development and Reform Bureau. Statistics show that in the first half of this year, the investment in the first industry added up to 195 million yuan, dropping by 3.87 year on year; the investment in the second industry reached 1.418 billion yuan, increased by 36.7%; the investment in the third industry reached 4.29 billion yuan, increased by 15.2%. The private investment amounted to 3.241 billion yuan, increased by 11.1% year on year, and covering 54.9% of the total. 


The investment in real properties added up to 1.924 billion yuan, increased by 36.4% year on year, 53.5 points above growth rate in the same period of previous year. 
The investment in infrastructure amounted to 1.509 billion yuan. Thanks to the infrastructural projects including Banbianshan Tourist Resort and Damuwan New Town in Xiangshan, the investment in public facilities reached 610 million yuan, up by 52.4% year on year. 
The industrial investment so far completed added up to 1.418 billion yuan, up by 40% over the same period of last year. 

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