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Jiangsu’s fixed-asset investment in Q1-Q3 up 2.4%

A view of the Ancient Huaihe River National Wetland Park in Huai'an. (CFP)

Jiangsu’s fixed-asset investment rose 2.4% year-on-year in the first three quarters of this year, outpacing the growth rate in the first eight months by 0.1 percentage point, according to the provincial Bureau of Statistics on November 20.

Jiangsu achieved this stable growth through strengthened support for equipment upgrades and accelerated infrastructure construction. Notably, Yangzhou and Huai’an led the province in fixed-asset investment growth, with increases of 11.4% and 10.7%, respectively. Xuzhou ranked third in the province with an 8.6% growth rate, while Lianyungang and Taizhou also demonstrated strong growth potential with year-on-year increases of 7.4% and 7.0%, respectively.

Infrastructure investment across the province grew by 10.1% year-on-year in the first three quarters, 2.5 percentage points higher than the January-August period and 7.7 percentage points above the overall investment growth rate.

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