Shandong promotes construction of major projects
1 year, 4 months ago

Shandong promotes construction of major projects

China Daily  

Machines operate on a production line of an auto company in Yantai, Shandong province. In the first half of the year, Shandong province's fixed asset investment increased by 5.5 percent year-on-year, continuing a steady growth trend made possible by the construction of major projects, said local authorities. According to the Shandong Development and Reform Commission, 505 of the 602 major projects in the province started construction between January and June. Shandong authorities said that they will accelerate the construction of infrastructure projects like water conservancy, transportation, underground utility tunnels, and large wind power and photovoltaic bases this year. Among the 602 provincial major projects are 137 infrastructure-related ones worth 1.3 trillion yuan in investments.

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