From January to July this year, Hainan province's completed investment in fixed assets increased by 18.9 percent year on year, according to the Hainan Provincial Bureau of Statistics on Aug 22.
The investment structure in Hainan has been further optimized. From January to July, the province's non-housing investment increased by 21.2 percent year on year, contributing 68.9 percent to the province's investment growth.
There were 629 new projects starting construction from January to July with investment increasing 32.4 percent year on year, contributing 28.9 percent to the province's investment growth.
The pace of infrastructure construction has accelerated in Hainan. From January to July, the province's infrastructure investment increased by 8.3 percent year on year, and accounted for 24.7 percent of the province's total investment. Among them, the completed investment in the internet service industries increased by 238.5 percent year on year, driving an increase of 3.5 percentage points in infrastructure investment.
Investment growth in the western areas of Hainan province has climbed. From January to July, the completed investment in the western areas increased by 34.7 percent year on year. Among them, the completed investment in the Yangpu Economic Development Zone increased by 352.6 percent year on year, and the growth rate continued to rank first in the entire province.
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