By Yuling Chen, iChongqing News
Chongqing-The fixed assets investment of Chongqing increased by 6.6%, the private investment by 11.6%, and the investment in technological reform by 31.2% in the first quarter of 2019, according to the Chongqing Municipal Development and Reform Commission, April 22, 2019. The investment situation in Chongqing in the first three months of this year was generally stable and it got off to a good start.
This year, focusing on high-quality development, supply-side structural reform and intelligence development, Chongqing takes the newly-operated projects as the leverage, accelerating the formation of effective investment.
From January to March, Chongqing’s fixed asset investment increased by 6.6%, 0.3 percentage points higher than the national level.
In the first quarter, Chongqing started construction of 47 infrastructure projects with a total investment of RMB 90.8 billion, and 102 industrial projects RMB 69.9 billion, 22 projects concerning people's livelihood RMB 24 billion, two rural revitalization projects RMB 700 million.
At present, the municipal government has officially released a list of major projects this year, 743 construction projects with a total investment of about RMB 2.2 trillion.
According to the municipal economic planner, the investment growth of the city continued to perform in an appropriate range.
Chongqing will make overall efforts to improve infrastructure, tap the potential for growth, promote technological reform in industrial transformation, stabilize the expected investment in real estate development, and promote sustained and steady investment growth.
Relevant links:
Chongqing FDI Reaches USD 413 million in Q1, up by 5.93%
Chongqing’s Regional GDP increased by 6.0% in Q1