Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
News for Outlets

State-owned enterprises in Tianjin 2020 to invest RMB76.9 bln to boost economic dev.

July 01, 2020


Abstract : A total of 2,138 investment projects are planned in the year by state-owned enterprises in north China's Tianjin Municipality, involving an investment of 76.902 billion yuan, reported Tianjin Daily Wednesday.

TIANJIN, July 1 (Xinhua) – A total of 2,138 investment projects are planned in the year by state-owned enterprises in north China's Tianjin Municipality, involving an investment of 76.902 billion yuan, reported Tianjin Daily Wednesday. 

The investment package is expected to boost sustained and healthy economic and social development of Tianjin. 

Among the total investment, about 75.297 billion yuan will be injected to 2,110 projects in eight significant industries, such as manufacturing, transportation, and finance. 

The proportion of investment in manufacturing in total planned investment increased by 1.9 percentage points compared with that in the previous year, and that of the investment in transportation, warehousing, and postal sectors increased 9.46 percentage points. 

Meanwhile, the proportion of planned investment in real estate and finance sectors declined 3.05 percentage points and 9.5 percentage points, respectively. 

A total of 14.96 billion yuan will be invested in 111 projects in industries like photovoltaic power generation, public facilities, and food processing in cities and provinces outside Tianjin.

Tianjin will also invest big in projects such as waterworks rehabilitation, livestock products processing, and sewage treatment, to secure stable development for local livelihood.

(Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com) 

Scan the QR code and push it to your mobile phone

Keyword: projects SASAC

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial