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​Jiaxing's investment in manufacturing sector reaches 54b yuan in H1

chinadaily.com.cn| Updated : Jul 22, 2022

Jiaxing's investment in the manufacturing sector totaled 54 billion yuan ($7.98 billion) in the first half of this year, a year-on-year growth of 24.1 percent and the highest in Zhejiang province, local media reported on July 21.

Jiaxing has also ramped up efforts to make progress in key manufacturing projects.

The high-efficiency battery component production line of Jinko Solar Co Ltd in Huangwan town, Haining city received a total of 22 billion yuan in investment and is expected to generate 50 billion yuan in annual output.

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The production line of Jinko Solar Co Ltd in Haining, Jiaxing, Zhejiang province. [Photo/cnjxol.com]

To promote the construction of the production line, Haining has set up a specialized service team to assist the enterprise.

The team has helped the enterprise solve problems related to land use and energy consumption index, approval of power stations, supply of construction materials, approval of transportation and staff accommodation.

In the third quarter, the city will ensure that the growth rate of investment in the manufacturing sector will exceed 16 percent and will strive to meet its annual manufacturing investment target of 90 billion yuan, according to an official of the Jiaxing economy and information technology bureau.

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