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The Momentum and Vitality of Investment in Stabilizing Economic Growth

Pub Date:25-05-07 10:29 Source:willo.com.cn

Investment, as one of the "three carriages" driving economic growth, is a crucial "barometer" of economic performance.

In the first quarter of this year, Anhui Province's fixed asset investment grew by 4.2% compared to the same period last year. Among these, the sustained efforts in "attract investment and talent" have stabilized investment. Meanwhile, infrastructure investment has maintained double-digit growth, and the decline in real estate investment has narrowed, all of which are noteworthy highlights in the investment operations of the first quarter of this year.

According to the Provincial Development and Reform Commission, by the end of March, the commencement rate of the first batch of 622 major projects in the province had reached 96.8%. On April 2nd, the province launched a concentrated mobilization for the second batch of 684 major projects, with a total investment of 401.51 billion yuan and an annual planned investment of over 100 billion yuan, including 14 projects worth over 3 billion yuan each and 7 projects worth over 5 billion yuan each. The total investment in these two batches of major projects that have been mobilized to start has exceeded 800 billion yuan.

The continuous landing of major projects benefits from the ongoing expansion of "attract investment and talent" in both depth and breadth.

According to the latest data released by the Provincial Development and Reform Commission, the province has attracted more than 10,000 projects for three consecutive years, boosting economic growth by about one percentage point. In the past three years, the province has seen more than 50 manufacturing projects with a total investment of over 5 billion yuan each year. This has driven manufacturing investment to maintain double-digit growth for four consecutive years, with its proportion rising from 27.2% in 2021 to 33.7% in 2024. By attracting and cultivating a batch of influential major projects, the province has promoted the integration, extension, and strengthening of industrial chains, effectively facilitating the deep integration of technological innovation and industrial innovation. In 2024, the output value of strategic emerging industries in the province accounted for 43.6% of the total output value of industries above designated size, an increase of 2.6 percentage points compared to 2021.

It is understood that around the upgrade of strategies for "attract investment and talent," our province will continue to focus on clustering, digitalization, internationalization, and greening directions, proposing a series of new goals and tasks. The aim is to create a number of platforms that carry the concentrated development of industries, striving to build more than 90 provincial-level demonstration bases for new quality productive forces and more than 10 national-level industrial clusters by 2030. Additionally, the province plans to establish about 30 provincial-level pilot zones for future industries and create no fewer than 5 national-level pilot zones. 


Source: Anhui Daily 

Editor:Qin Shuying

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