CHONGQING (CQNEWS) -- From January to August, the total amount of investment in key municipal projects in Chongqing reached CNY318.3 billion, accounting for 72.3% of the total investment, according to the Chongqing Municipal Development and Reform Commission.

Jiulongpo District, Chongqing High-tech Industrial Development Zone, Tongliang District, Liangping District, Dianjiang County, Kaizhou District, Liangjiang New Area, Fengjie County, and Dazu District have completed more than 80% of their investment plans. 63 projects of Zhongxian County, including the high-end lithium iron phosphate project with an annual output of 100,000 tons, have been completed and put into operation. These projects involve 25 industrial categories, such as the material industry, electronic industry, and information infrastructure, giving full play to the investment benefits of the projects.

Chongqing has taken the key projects such as The Outline of the National 14th Five-Year Plan and The Key Points for Implementing 102 National Major Projects in 2023 as the top priority of scheduling, said the official of the Chongqing Municipal Development and Reform Commission. A total of 14 projects have been listed in key municipal projects or preliminary projects in Chongqing.

A total of CNY2.95 billion has been invested in the construction of T3B and the fourth runway of Chongqing Jiangbei International Airport. Currently, the steel structure project of the terminal, 93% of the foundation project of the flight area, and the overall earthwork project have been completed.

A total of CNY9.89 billion has been invested in the construction of the Chongqing-Wanzhou High-Speed Railway since the project started in September last year. CNY1.75 billion was completed in the water resources allocation project in western Chongqing between January and August this year. Currently, the main projects of the Degan pressurized pumping station, Weituo pumping station (in the northern area), Tongxinqiao pumping station, and Qianqiuyan pumping station have been completed; the installation of water transmission pipelines, tunnel excavation, and pumping station construction of the eastern trunk line, west trunk line, Jialing River trunk line, and the northern area are underway.

The Sichuan-Chongqing 1000 kV ultra-high voltage exchange project starting this year has completed 73% of the investment plan, the main project of which is underway in an orderly manner. The accelerated key projects with increasing effective investments are promoting the healthy development of Chongqing’s economy.

Since the beginning of this year, Chongqing has seized the opportunity to develop new technologies and new industries, taking key municipal projects as the lead to upgrade the structure of the manufacturing industry and develop an important national advanced manufacturing center.

There are 214 key municipal manufacturing projects with an annual planned investment of CNY66 billion, 99.1% of which will be invested in by enterprises. From January to August, CNY50.32 billion was invested in key municipal manufacturing projects, up 7.5% from a year earlier, accounting for 76.3% of the planned investment. The investment effectively pushes forward the development of a modern manufacturing cluster system, which consists of three trillion-level leading industrial clusters, three 500-billion pillar industrial clusters, six one-hundred-billion-level featured and advantageous industrial clusters, and 18 ‘new star’ industrial clusters.

From January to August, a total of CNY9.92 billion was invested in key new-energy vehicle projects, accounting for 99.6% of the planned investment; CNY3.1 billion was invested in the projects of a new generation information technology, taking up 87.4% of the planned investment. The investment in six projects, including China Resources Microelectronics power semiconductor sealing and testing project in Chongqing High-tech Industrial Development Zone and Jingxin Frequency Control Electronic Technology (transliterated) ultra-small frequency control components project in Dianjiang, have exceeded the annual investment plans. The same period witnessed an investment of CNY6.52 billion in new material industrial projects from January to August, which showed a 48.5% year-on-year increase. 13 projects, including the production of fire-resistant, adiabatic, thermal insulation, and energy-saving materials by Zhongrun New Materials and Rongchang Huayang, have started as planned, with a total investment of about CNY24 billion. 

To solve the problems that the general public are most concerned about in medical care, education, employment, and other areas, Chongqing has made great efforts to develop key programs concerning people’s livelihood and improve the shortcoming in ensuring people's livelihood. A total of CNY18 billion was invested in these projects between January and August, accounting for 71.8% of the investment plan, showing a year-on-year increase of 58%.

To be specific, CNY6.48 billion was invested in key health and hygiene projects, taking up 79.5% of the investment plan, with a 17.4% increase in the growth rate. The investments in the Chongqing University Cancer Hospital (Science City) Phase I project and the Chongqing Hospital of Wuhan Union Hospital of China have exceeded the annual investment plan.

An investment of CNY10.94 billion was completed in key education projects, accounting for 70.6% of the investment plan. The new campus of Chongqing College of International Business and Economics in Hechuan and Airport Experimental Middle School of Yubei was completed in August, promoting the further optimization of regional education resource allocation. (Translated by Yuki, Fathom Language Limited)