Jiangsu's fixed-asset investment up 3.6% in first 10 months
2022-11-23 17:51:00

(CFP Photo)

Jiangsu's fixed-asset investment rose 3.6% year on year in the first 10 months of this year amid a continuous recovery trend.

Investment in high-tech industries maintained rapid growth of 14.5% year on year, while that of high-tech manufacturing and services industries expanded by 13.4% and 19.7% respectively.

Investment in infrastructure during the period gained a year-on-year growth of 5.6%, keeping positive growth for four months in a row. Among them, investment into infrastructure projects above 100 million yuan grew by 6.9%.

The year-on-year growth of investment in manufacturing reached 10.4%, and 20 of Jiangsu's 31 manufacturing industries saw positive growth. Sub-sectors of computer, communications, electrical machinery and equipment kept rapid growth and played an important role in the manufacturing investment expansion.

From January to October, the province had 2,872 projects that exceeded the one-billion-yuan investment threshold, 400 more than the same period last year. Among them, the number of projects that completed the investment was 16.3% higher than that in the same period last year.

Source:jschina.com.cn Editor:Dylan