From January to October this year, industrial investment in Hainan increased steadily. Investment in some cities and counties climbed, non-real estate project funds were guaranteed, and the number of new projects saw a significant jump, according to the Hainan Provincial Bureau of Statistics.
Over this period, industrial investment excluding real estate development rose by 2.9 percent year-on-year, driving provincial investment growth by 0.9 percentage points. Among them, investment in the manufacturing and accommodation and catering industries grew strongly, registering 21 percent and 45.4 percent annualized growth, respectively. Meanwhile, investment in the scientific research and technology service industry shot up 85.7 percent, while investment in mining jumped 52.7 percent.
Most cities and counties achieved rapid growth in investment compared with the same period last year. Completed investment in the Danzhou Yangpu Economic Circle increased by 15.9 percent year-on-year, while the Hainan central ecological conservation zone saw investment climb by 15.1 percent compared to the same period in 2021. According to the comparable data for this October, Danzhou city, Lingao county, Dongfang city, Lingshui Li autonomous county, Wuzhishan city, Ding'an county and Tunchang county all achieved rapid growth.
The number of new projects in the province has also increased, injecting fresh impetus to promote the sustained and stable growth of investment. From January to October, new projects were up 20.2 percent on an annualized basis. The total planned investment in newly started projects also edged up 2.4 percent year-on-year.
Yangpu international container port at the Yangpu economic development zone in South China's Hainan province. [Photo/IC]
Overview
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