From January to August, Fujian Province’s fixed asset investments have seen a year-on-year growth of 9.1%

From:Fujian International Investment Promotion Center Date:2022-09-23【Font:large regular

As informed by the Provincial Bureau of Statistics, reporters have learned that from January to August of this year, provincial fixed asset investments totaled 1.390442 trillion yuan. This is up 9.1% year-on-year, which is a 0.1 percentage point increase compared with that from January to July.

According to relevant data, the industrial investment structure of the province has witnessed continuous optimization, as the investment structures of the three industry sectors have been adjusted from 1.6/31.5/66.9 to 2.0/34.1/63.9, compared with the same period last year.

Meanwhile, the province continues to increase investment in technological transformation, accelerate the transformation and upgrading of traditional industries, and continues to improve digitalization, networking, and intelligence. This will effectively promote the improvement of investment quality and efficiency and enable the transformation of new and old economic drivers. 

Moreover, the province is actively implementing a package of policies aimed at stabilizing the economy, and is making full use of policies and developmental financial tools gunning the “accelerator” for infrastructure construction. A number of major infrastructure projects aiming to stabilize investment, promote development, and benefit people’s livelihoods have propelled the realization of substantial results. This will provide a strong impetus for stable growth. From January to August, provincial infrastructure investment was at 345.262 billion yuan, up 13.7% year-on-year. This included a rapid increase in industry investments in aviation management (113.5% growth), water conservancy management (46.4%), gas production and supply (41.4%), and others. 


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