Chongqing News

Industrial investment plays well

2013-11-21 09:26:17

CHONGQING (CQNEWS) -- Chongqing completed an industrial investment of 276.7 billion yuan from January to October, 32% of society’s fixed-asset investment. The investment has increased by 17.6% year on year, according to The Chongqing Economy and Informationization Commission on November 19th, 2013. Based on calculation, an annual investment of 350 billion yuan, the stated objective, can be completed.

The number of industrial projects under construction, newly-started projects and the total amount of planned investment in Chongqing in the previous 10 months has also increased on a year-on-year basis, the related principal of Chongqing Economy and Informationization Commission introduced. The number of industrial projects under construction in the city was 5,949, up 17.5%, from this January to October.

Private investment in industrial projects was 165.8 billion yuan, up 55.8%, rapidly increasing since this year. The state-owned investment was 79.09 billion yuan, up 0.9% over the last year. (Translated by Li Li, Fathom Language Limited)

Editor:Zhang Yi