Guizhou invests 362.74b yuan in H1's major projects

According to the Guizhou Provincial Development and Reform Commission, the province planned 3,357 major projects with a total investment of 727.6 billion yuan ($51.79 billion) this year, and 362.74 billion yuan of investment has now been completed.

With epidemic prevention and control measures in place, all major projects restarted construction at the end of February, and received 287 million yuan for previous preparation work.

Those projects involved in road networks, water networks, the power grid, underground pipe networks, oil and gas networks and internet infrastructure had a completed investment of 94.5 billion yuan.

Projects in Guizhou's 12 characteristic agricultural industries, 10 major industries and 10 major projects in the innovative service industry had a completed investment of 97.73 billion yuan.

Guizhou has strived for 9.6 billion yuan of national and provincial budgeted investment for poverty alleviation projects, invested 43.44 billion yuan to improve people's livelihoods, and constructed all necessary educational and medical service infrastructure in relocated residential areas.

In addition, Guizhou enhanced financial support by applying 97.9-billion-yuan special bonds issued by local governments, 18.7-billion-yuan national bonds for anti-epidemic measures, 15.1-billion-yuan budgeted investment from the central government, and 5.4 billion yuan of company bonds.

During the first half of this year, Guizhou has attracted 71.3 billion yuan of private investment and 297.16 billion yuan for major industries, as well as providing 161,000 mu (10,733.33 hectares) of land for construction.