East China’s Jiangsu province will implement 220 provincial major investment projects to ensure stable growth, make structural adjustment, benefit people's livelihood, and promote high-quality economic and social development. JSBC has the story.
In 2023, major projects in Jiangsu will focus on the key directions that include the integration and cluster development of strategic emerging industries, the construction of a new system of high-quality and efficient service industry and modern infrastructure system.
Jiangsu will give priority to projects that are included in the relevant national and provincial plans and projects with 50 key industrial chains.
According to the project list, Jiangsu will implement 220 provincial major investment projects and reserve 45 investment projects by planning to invest 567 billion yuan throughout the year, including 158 high-level manufacturing projects, an increase of 21 over last year. The number of reserve items increased from 27 last year to 45.
This year, the province reported a more coordinated regional distribution of major investment projects that include the new generation of information technology in Suzhou and Nanjing, integrated circuits in Wuxi, new energy in Changzhou and Yancheng, and petrochemical industry in Lianyungang.
Jiangsu will promote in an integrated way the provincial major investment projects, 102 national major engineering projects, policy-oriented development financial instruments projects, and national major foreign-funded projects, ensure that the supply of land, sea, forest land and energy use is strengthened, and make every effort to accelerate the construction progress, and strive to start construction before the end of September.