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Harbin's industrial fixed asset investment grows in first 3 quarters

Updated : 2021-10-28

By ( e.my399.com )

From January to September, Harbin's industrial fixed asset investment continued to see rapid growth with an increase of 17.8 percent compared with the same period last year.

The growth rate of industrial investment in Harbin, capital of Northeast China's Heilongjiang province, in the first three quarters ranked sixth among 15 sub-provincial cities and second among four sub-provincial cities in Northeast China.

The completed investment in manufacturing accounted for 44.7 percent of the city's industrial investment, an increase of 0.8 percentage points from January to August.

In the manufacturing industry, investment completed in the first three quarters of the four major traditional manufacturing sectors accounted for 37.8 percent of the city's total industrial investment. 

Meanwhile, completed investment in the consumer goods industry accounted for 1.1 percent of the city's industrial investment.

Big projects play an essential role in driving the growth of Harbin's industrial investment.

As of September, the project construction or resumption rate of each project with an investment amount of more than 50 million yuan ($7.50 million) was 96.3 percent, an increase of 3.1 percentage points over the same period last year.