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China's Inner Mongolia fuels economic growth with huge investment

April 20, 2020

Abstract : North China's Inner Mongolia Autonomous Region planned to invest 505.9 billion yuan (about 71.54 billion U.S. dollars) in 3,109 major construction projects this year, according to local authorities.

HOHHOT, April 19 (Xinhua) -- North China's Inner Mongolia Autonomous Region planned to invest 505.9 billion yuan (about 71.54 billion U.S. dollars) in 3,109 major construction projects this year, according to local authorities.

These projects cover urban infrastructure, energy, transportation, logistics and other fields, with a total investment of 2.6 trillion yuan.

The region launched these projects to boost economic growth and provide important support for high-quality development, said Bao Zhenyu, secretary-general of the region's government.

A total of 1,063 major projects in the region have resumed operations so far. Enditem

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Keyword: Inner Mongolia

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