Shenzhen Arranges a Total of 859 Major Construction Projects Citywide

2024-07-30 1727 0人评论

Located on Minzhi Street, Longhua DistrictThe Shenzhen Xinhua Hospital project, located west of Hongshan Station on Metro Line 4 and resembling an aircraft carrier in appearance, is currently in the final handover stage and is scheduled to begin trial operations in December this year.

As a major livelihood project fully funded by the Shenzhen Municipal Government, once completed, Shenzhen Xinhua Hospital will become the leading modern regional medical center in the Guangdong-Hong Kong-Macao Greater Bay Area integrating medical care, education, and research. This is one of the microcosms of Shenzhen's high-quality advancement of major project construction.
  On July 25, at the 2024 Shenzhen Major Project Investment and Financing Exchange and Matchmaking Meeting hosted by the Shenzhen Municipal Development and Reform Commission, it was learned that Shenzhen's major engineering projects are progressing smoothly, with a cumulative investment of 179 billion yuan completed in the first half of the year, an investment completion rate of 59.9%.
  Major projects were the centerpiece of this matchmaking meeting. It was noted that, in addition to the Shenzhen Branch of the People's Bank of China and 22 financial institutions, attendees at the day's event included more than 50 major project construction units and construction contractors, involving more than 200 major projects across the city with a total investment of approximately 1.7 trillion yuan.
  Major projects play the role of a "ballast stone" in promoting investment and growth. Among the key measures to ensure the advancement of major projects, Shenzhen has built a multi-tiered, broadly covering, and differentiated financial institution support system to provide all-round, one-stop financial services for major projects. Since the beginning of this year, Shenzhen has deeply advanced the infrastructure REITs pilot and actively applied for and issued special bonds to serve major project construction. At the same time, in response to the needs of major projects at different stages—initial planning, commencement of construction, and commissioning and operation—major financial institutions have also provided matching financial products and services such as special bonds, investment banking products, financial leasing, and insurance funds.
  In 2024, Shenzhen has arranged a total of 859 major engineering construction projects with a total investment of approximately 3.6 trillion yuan, of which 703 are construction projects (newly started and continued), with an annual planned investment of 298.57 billion yuan. These major projects are distributed across three major fields: modern industry, infrastructure, and livelihood improvement, with annual investment shares of 36.3%, 35.5%, and 28.2% respectively. Among them, the annual planned investment for modern industry is 108.48 billion yuan, for infrastructure 105.89 billion yuan, and for livelihood improvement 84.20 billion yuan.
  A relevant official from the Shenzhen Municipal Development and Reform Commission introduced that in the first half of the year, Shenzhen's major project construction achieved excellent results, realizing "more than half the time elapsed, more than half the tasks completed," strongly supporting the steady growth of fixed asset investment.
  According to statistics, in the first half of the year, Shenzhen's citywide fixed asset investment grew by 8.9% year on year. By field, manufacturing investment played a significant driving role, growing by 55.5%. Investment in high-tech manufacturing grew by 69.3%, of which investment in the manufacture of electronics and communication equipment grew by 79.0%. Investment in the social sector grew rapidly, of which investment in resident services, repair, and other services grew by 235.5%, and investment in education grew by 24.8%.

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