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Ningbo earmarks 480 b yuan for city development
- Details
- Category: Ningbo News
- Published: Tuesday, 18 March 2014 08:56
"Ningbo government will work hard to put ahead with the flood control project, modern industrial training, urban function enhancement, people's livelihood improvement and basic infrastructure construction in the next 'three-year action plan'. We plan to start 419 projects with a total investment of over 480 billion yuan," said, Zhu Da, the spokesperson of Ningbo government at a news conference held on Wednesday morning. He added, Ningbo will grow into a city with better infrastructure and a stronger influence in three years. Ningbo's urbanization rate will exceed 71 percent.
According to Zhu, 71 percent of Ningbo's Water Environmental Function Zone shall meet the national standard in 2016. The value added of service industry shall take up as high as 46 percent of the GDP. The gross production of marine economy shall amount to 270 billion yuan ($43.99 billion). Ningbo's urbanization rate shall surpass 71 percent. The city shall achieve an integrative growth in urban and rural planning, industrial layout, infrastructure, and resource allocation. The housing security system will basically come into form and the basic public services will be equally allocated for residents. The Ningbo Port and airport services will be improved. The wireless network coverage will be over 98 percent. Another 10,000 talents shall receive high-tech training, making the total number of high-tech talents reach 1,700,000.
As the first year of "three-year action plan", the city plans to start 300 projects with a total investment of 140 billion yuan in 2014.
