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Accumulative investment of Hainan's major projects reaches 32.4b yuan in H1

chinadaily.com.cn | Updated: 2018-07-24

Major projects in Hainan province gathered accumulative investment of 32.4 billion yuan ($4.75 billion) in the first half of this year, having accomplished 52 percent of the annual plan.

According to the Hainan Development and Reform Commission, the intended investment amount of 70 provincial key projects this year is 62.4 billion yuan and their total investment will reach 643.4 billion yuan. Six projects have been completed and 23 are newly started.

Twelve major industries have been invested with 9.7 billion yuan in 2018, 59 percent of the annual plan, and urbanization projects have realized 56 percent of the yearly target with an investment of 7.8 billion yuan.

Key projects' investment in four regions has exceeded 1 billion yuan this year, namely Haikou (9.8 billion yuan), Sanya (4.6 billion yuan), Lingshui Li autonomous county (2.4 billion yuan) and the Yangpu Economic Development Zone (1.4 billion yuan).