Huangpu to reach 250b yuan in fixed investment

Huangpu district held a seminar on high-quality development on Feb 8. The seminar focused on the construction of major projects and the implementation of the effective investment.

At the meeting, Yang Yuanshi, director of the Guangzhou development and reform bureau, said that Huangpu district will achieve three "25 percent" goals in fixed asset investment this year.

Huangpu's fixed investment growth rate for the year will reach 25 percent. The district's fixed investment will account for 25 percent of Guangzhou's total, reaching a total of 250 billion yuan ($36.63 billion). In addition, the industrial investment will account for more than 25 percent of the fixed investment total, amounting to 65 billion yuan.

Huangpu's high-end development platforms like the China-Singapore Guangzhou Knowledge City, Guangzhou Science City, Maritime Silk City, and Guangzhou International Bio Island will provide sufficient development space and policy support for the construction of projects in Huangpu district.

Huangpu is expected to arrange over 240 key construction projects in 2023, with an annual planned investment of over 90 billion yuan.

Huangpu district holds a seminar on high-quality development.