East China’s Jiangsu province reported a stable growth in fixed asset investment in 2022, latest statistics show.
According to the latest statistics of the Provincial Bureau of Statistics, from January to November 2022, the province's fixed asset investment increased by 3.7% year on year, 0.1 percentage points faster than that from January to October, indicating that the growth rate continued to pick up.
Infrastructure investment increased by 6.1% year on year. The investment in a number of major infrastructure construction projects will continue to perfect the investment environment of the province, improve people's lives, and promote production in many related industries.
The Jiangyin Jingjiang Yangtze River Tunnel, located between Jiangyin Yangtze River Bridge and Taizhou Yangtze River Bridge, will effectively ease the congestion of the Jiangyin Yangtze River Bridge.
Liang Yuqiang, Project Manager of JJSD-A2 Section of Jiangyin Jingjiang Yangtze River Tunnel of CCCC Tunnel Engineering Co., Ltd.
The Jiangyin Yangtze River Tunnel is the second longest river crossing channel on the Yangtze River,the 14-billion-yuan project is characterized by long distance, high water pressure and large diameter.In particular,the lowest point of the tunnel is 82 meters below the river surface,and the maximum water pressure of the tunnel construction is 0.82 MPa,which has aggravated the construction difficulty.
In 2022, a large number of major projects have been put into operation to ensure higher quality economic and social development.
Statistics show that among the fixed asset investment in the first 11 months of 2022, the province’s investment in manufacturing increased by 10.1% year on year, 6.4 percentage points higher than the fixed asset investment.
Jiangsu Ruisheng Photovoltaic Technology Co., Ltd., located in Yancheng Economic and Technological Development Zone, is conducting the commissioning before the trial production of the 2-billion-yuan Mingyang 5GW heterojunction photovoltaic cell project. Heterojunction battery is the latest solar energy technology in the photovoltaic industry. The project will achieve a production capacity of 5GW, further enriching the local and even the provincial new energy industrial structure.
Zhang Lin, General Manager of Jiangsu Ruisheng Solar Technology Co., Ltd.
As a private enterprise and one of the top 500 enterprises in China,we use the most advanced heterojunction solar energy technology in the photovoltaic industry,which is expected to exceed 20%,far higher than the mainstream PERC battery.
At present, 450 major industrial projects have exceeded the annual target. From January to November, the number of 1-billion-yuan projects under construction increased by 16.5% year on year, providing a driving force for the steady growth of Jiangsu's industry and future competition.
