In the first half of the year, Jiangsu took the promotion of major project construction as the driving force, comprehensively ensured the early start and fast construction of investment projects, encouraged the participation of private capital in major project construction, continuously formed more physical investment volume, and made every effort to promote the overall improvement of economic operation.
Trina Solar Huai'an Base Phase II project, a provincial major project started this year, is engaged in the production of high-efficiency batteries and high-power components. In April, the enterprise added 5 billion yuan in investment. When put into operation, the project is expected to achieve an annual output value of approximately 52 billion yuan.
“The completion and production of the third phase battery module project have enabled us to have a battery capacity of 25GW and a component capacity of 20GW. This new product is crucial for us to seize the high-power market”, Sun Zhenhua, General Manager of Trina Solar Huai'an Base, said.
“We guarantee that every major industrial project will be discussed on a case-by-case basis, with special procedures and nanny style services provided”, Liang Haiyang, Deputy Director of the Investment Promotion Bureau of Huai'an Economic and Technological Development Zone, said.
In the first half of the year, fixed assets investment in the province picked up steadily, becoming a strong support for promoting the economic operation to take the lead in overall improvement. The contribution of major projects to investment growth cannot be underestimated.
Jiangsu has introduced a series of high-quality and efficient policy packages, including issuing a one-time land use plan of 103900 mu for the first three quarters to ensure project land use, preparing 164 billion yuan of financing for 38 provincial-level major projects, and taking the lead in solving 66 difficulties that need to be coordinated and solved by departments at or above the provincial level.
“We regard the construction of major projects as an important lever for stabilizing investment and expanding domestic demand. As of the first half of the year, 117 out of 133 provincial-level major projects have started construction on schedule. Accelerating the progress of major projects will be conducive to generating more physical workload and laying a solid foundation for maintaining stable investment growth”, Liu Jun, Deputy Director, Major Project Construction Office, Provincial Development and Reform Commission, said.
In the first half of the year, various regions in Jiangsu province have launched initiatives in promoting major projects, expanding financing channels, and lowering market entry barriers, striving to make private capital have the willingness to invest.
