In the first quarter of this year, Harbin, capital of China's northernmost Heilongjiang province, completed fixed asset investment of 5.22 billion yuan, a growth rate of 10.7 percent and 1.4 percentage points higher than the national level.
 
The growth rate ranked first among the four major cities in Northeast China—Harbin, Changchun, Shenyang and Dalian.
 
The news was revealed at a press conference held by the information office of the Harbin municipal government on May 5.
 
At the beginning of this year, Harbin had set goals to complete 400 major projects with a total investment of 334.1 billion yuan ($50.13 billion), of which 255 are industrial projects, 91 are infrastructure projects and 54 are public affairs projects.
 
It is reported that 56 billion yuan in investment will be completed within this year.
 
Harbin is seeking to become a hub of innovation and development, advanced manufacturing, modern agriculture, creative design, and ice and snow culture, while also opening up to the north and improving quality of life for its residents.
 
To achieve this goal, Harbin has launched a group of projects focusing on equipment manufacturing, agricultural product deep processing, digital economy, modern biomedicine and urban renewal and infrastructure construction.
 
Among the highlight of the projects are the industrialization of Sizherui intelligent surgical robots, construction of the Feihe Dairy Products Industrial Park, construction of the second phase of the China Unicom Data Center and the China-Russia Culture Industry Park.