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980 Major Projects Go Smoothly in Tianjin
Published on: 2014-07-31
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alt980 major projects are progressing smoothly in Tianjin, having achieved the investment of 249.2 billion CNY (40 billion USD) in the first half of the year.

Total investments reached 5519.2 billion CNY and the investment rate was 89 percent. 848 investment projects are already finished with a recovery rate of 86.5 percent. The investment in the first half of the year ran to 2,793.9 billion CNY, improving 7.7 percent in the agricultural industry and 5.3 percent in the service industry.

There are 27 new investment projects, taking 65.9 percent of the total new investment projects with an investment rate of 89.7 percent. And 68 agricultural investment projects with an investment rate of 98.6 percent. Moreover, the service industries have completed 14.4 billion CNY-worth of investments.

The small and medium enterprises bureau launched 242 projects with a total intended investment of 975.2 billion. The city achieved an investment of 160.8 billion CNY this year, with a total investment of 402.2 billion CNY and an investment rate of 41.2 percent. 
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