Hechi’s project investment to reach 30b yuan in first 11 months

Hechi has worked to promote the investment and development of projects since 2014. It reversed the trend of economic decline, and the investment of its projects has increased steadily. It is estimated that Hechi’s fixed asset investment of local projects from January to November of 2014 has reached 30 billion yuan ($4.84 billion), with a year-on-year growth of 12 percent.

The improvement of major projects’ development is the foundation of the steady increase of investment. Hechi has adopted a responsibility system of four leader groups and distributed 248 major projects to four leader groups and responsible departments. It has also paid great attention to the overall arrangement, cooperation and service works, solving difficulties and problems in the process of developing major projects.

When it comes to reform of the approval system of Hechi’s major projects, Hechi has carried out many relevant policies, cleared the process of construction, and simplified and sped up the procedure for examination and approval. These policies solved the problems of long and difficult approval procedures.

Thanks to the effective policies, Hechi has sped up the development of its major projects. By Dec 16, major projects such as construction of Hechi's Daren industrial park entrance second-level highway, the network construction and water application project, and Dahua Yao autonomous county’s first stage relocation demonstrated projects have made some breakthroughs during construction in order to boost the local economy.

It is estimated that 88.2 percent of the investment for the Guangxi Zhuang autonomous region’s major projects has been completed at the end of Nov. A total of 108.06 percent of the investment for Hechi's major projects has been completed.

Edited by Feng Lu and Michael Thai