Municipal
1565 new projects started in the first quarter of Shaanxi Province
Seetao 2021-04-25 10:53
  • Private investment is mainly invested in four industries: manufacturing, agriculture, forestry, animal husbandry and fishery
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On April 24, 2021, Mu Dan, chief statistician of the Shaanxi Provincial Bureau of Statistics, interpreted the investment situation of Shaanxi Province in the first quarter. Fixed asset investment in Shaanxi Province continued to recover steadily. From January to March, Shaanxi's fixed asset investment increased by 30% year-on-year, 4.4 percentage points higher than China. Taking January-March 2019 as the base period, the two-year average growth rate was 4.2%, 1.3 percentage points higher than China.

Since 2021, the provincial party committee and the provincial government have paid close attention to the expansion of effective investment in key projects, combined planning and reserve with the start of production, and continued to seek for more large and good projects, vigorously promote the concentrated start of key projects, and drive Shaanxi Provincial fixed asset investment continued to recover steadily. Mu Dan introduced that Shaanxi Province has accelerated the progress of major transportation and water conservancy projects, and the construction of the "two new and one heavy" construction is progressing steadily. From January to March, infrastructure investment in Shaanxi Province increased by 38.2% year-on-year, 8.5 percentage points higher than China. Shaanxi Province continued to deepen the reform of “delegating power, regulating services,” and the vitality of market players increased. From January to March, private investment in Shaanxi Province increased by 39.8% year-on-year, 13.8 percentage points higher than China, and an average growth rate of 4.6% over the two years, 2.9 percentage points higher than China. In terms of key industries, private investment is mainly invested in four industries: real estate, manufacturing, water conservancy environment and public facility management, and agriculture, forestry, animal husbandry and fishery.

Increased investment in the field of people's livelihood to make up for shortcomings. From January to March, Shaanxi's investment in the social sector increased by 23.5% year-on-year, and the two-year average growth rate was 25.7%, which was 16.1 percentage points higher than China. “As various investment stabilization policies continue to show their effectiveness, the protection of projects and capital factors has been continuously strengthened, and the leading indicators of investment have been positively improved.” Mu Dan said that the number of newly started projects has increased. From January to March, new projects in Shaanxi Province have been started. 1565, an increase of 883 over the same period in 2020. There were 182 new projects with a value of more than 100 million yuan, an increase of 64 over the same period in 2020. Editor/He Yuting

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