East China’s Jiangsu province will launch 240 major investment projects this year with 220 to be implemented and 20 to be reserved so that the numbers will remain unchanged from a year ago, the provincial development and reform commission said Tuesday.
Of the 220 projects, 109 are newly launched, 111 are the continuation of existing projects, which will entail a total investment of 533 billion yuan, a gain of 10.5 billion from a year ago.
Compared with previous years, the industrial agglomeration effect of major projects in Jiangsu Province has increased this year. The increase in multi-cooperative projects has led to an increase in demonstration effects. The number of regional linkage projects has increased the coordinated development effect.
