Growth rate of Hechi fixed asset investment ranks first in Guangxi

In the first three quarters of this year, the city of Hechi completed fixed asset investment increased by 31 percent year on year. The growth rate ranks first in Guangxi Zhuang autonomous region, and was 23.7 percentage points higher than the national average.

This year, the number of major projects in Hechi is larger than that of the same period in previous years, which has attracted more investment. In order to better promote investment in fixed assets, the city takes on measures such as launching new projects and pushing forward the progress of the construction of  projects.

From January to September, the city has received 7.8 million yuan ($1.2 million) of national and autonomous region's funds to invest in the preliminary work of the projects, and organized five key projects focus on opening and closing ceremonies. There has been a total of 143 concentrated opening and completed projects with a total investment of 45.8 billion yuan.

In addition, Hechi has conducted an in-depth study of relevant state and autonomous regions' policies, and actively seeks financial support such as the central budget, local government special bonds, and rural revitalization investment. From January to September, the city has received a total investment of 660 million yuan from the central budget and 2.23 billion yuan from local government special bonds.