Hohhot city, capital of North China's Inner Mongolia autonomous region, signed its approval for 26 new projects that will cost an estimated 20.63 billion yuan ($3.24 billion), at a development conference held on April 6.

The projects include the planned Yili Modern Smart Health Valley Cold Chain Logistics Base, the Datang Mengxi One-stop Smart Operation and Maintenance Service Platform Project, the Shanshan Outlets Project and the China Nuclear Energy Smart Medical Management Project.

Among the projects, seven involve investments of over 1 billion yuan each and 15 will cost 100 million yuan to 1 billion yuan each.

This year, Hohhot plans to implement 85 key service projects with a total investment of 128.25 billion yuan – 59 new projects and 26 ongoing projects.

The city also plans to complete investments of 11.98 billion yuan during the year.