296 Industrial Projects Contracted Between Jan. and Nov.

According to the Yueyang Development and Reform Commission, this year, Yueyang’s industrial parks and zones have taken initiative to resume work, stabilize production, and boost project construction. With the annual goals as focuses, they optimized economic operation mechanism and achieved smooth progress in industrial projects. Between January and November, ten industrial parks and zones contracted 296 industrial projects, with a total investment of 114.71 billion CNY.

Among the newly contracted projects, the investment volume of 93 are between 100 and 500 million CNY; 30 are between 500 million and 1 billion CNY; 13 are between 1 to 5 billion CNY; and, 8 are more than 5 billion CNY. The ten industrial parks and zones launched 284 new projects, among which the investment volume of 103 are between 100 and 500 million CNY; 28 are between 500 million and 1 billion CNY; and, 19 are more than 1 billion CNY. Among 214 newly completed projects, the investment volume of 66 are between 100 and 500 million CNY; 17 are between 500 million and 1 billion CNY; and, 8 are more than 1 billion CNY.
The industrial parks and zones have given top priority to key projects, solving problems and accelerating industrial cluster construction. An evaluation system based on yield per mu is being formed, focusing on quality and efficiency. The main indicators include investment strength, sales revenue, tax revenue, energy consumption, and emission per mu. Infrastructure construction has been boosted, such as transportation; electricity, gas, and water supplies; and pollution treatment. Guarantees for land, labor, funds, and other production factors are enhanced to give strong support to project construction.

Translator: Pang Yuehui
Chinese source: yueyang.gov.cn