A railway line is under construction in Huzhou, East China's Zhejiang province. [Photo/hz66.com]

Huzhou was recently ranked first in a provincial assessment on cities' investment growth and progression of major projects.

In September, Zhejiang launched a mechanism to incentivize cities under its jurisdictions to attract investment and facilitate the progression of major projects.

Evaluations have been carried out on four cities and 11 counties (districts) selected from the province on a quarterly basis, with the top four cities and one county (district) with higher scores granted rewards by the provincial government.

Huzhou achieved the highest score, while the city's Wuxing district was ranked first in the evaluation for counties (districts).

Official statistics show that Huzhou's fixed asset investment grew by 12.7 percent in the first three quarters of the year, which was 0.9 percentage points higher than its GDP growth rate over the same period.

It ranked second in Zhejiang in terms of both the number of newly listed provincial major industrial projects and the number of provincial key projects.

Over the nine-month period, the city had allocated 17,021 mu (1,134.7 hectares) in land for industrial use, ranking first in the province.