Photo taken on January 31, 2023 shows a workshop in an auto parts manufacturing enterprise in Shuangfeng Town, Taicang City, Jiangsu Province. (CFP Photo)

Manufacturing investment in the first two months grew 7.1% year-on-year in Jiangsu Province, continuing the trend of steady growth, according to the province's Department of Statistics.

22 or 71% of the major manufacturing categories achieved growth, according to the statistics. In the top 10 manufacturing industries with the largest investment proportion, the two fields of computer communications and electronic equipment, electrical machinery and equipment increased by 5% and 9.3%, respectively.

Infrastructure investment, a big economic driver, registered year-on-year growth of 15.2% during the same period. The number of infrastructure projects with more than 500 million yuan investment and one billion yuan investment increased 23.7% and 21.1%, respectively.

Meanwhile, the number of investment projects worth more than one billion yuan increased by 15.2%, while 12.7% of the total planned investment was completed. Among these mega projects, scientific research and technical services, and the education industry saw the investment growth of 141.9% and 26.5%.

The province's real estate industry showed a 3.1% decline in investment, 4.8 percentage points higher than the growth recorded in 2022. This included a decrease of 6.1% year-on-year in commercial property sales in terms of floor area, 20.7 percentage points higher than the figure last year.