Harbin, the capital city of China’s northernmost Heilongjiang province, recently released the first batch of key industrial project development plans for 2021.

According to information from Harbin’s development and reform commission, the city's first batch of key industrial projects totals 256, with a planned total investment of about 296 billion yuan ($44.41 billion) and an annual planned investment of about 35 billion yuan.

The projects are in line with Harbin’s modern industrial layout and the national industry development priorities.

Adequate preparations for these projects have been made.

The China-Russia Industrial Park invested by Vanke Group has a total investment amount of 17 billion yuan. Construction preparation is underway, and the industrial park is scheduled to break ground in mid-March.

Construction of the logistics park in Harbin’s Pingfang area is in the purchasing, debugging and equipment installation phase. The park is invested by China’s e-commerce giant JD.com.