|

Keqiao district in Shaoxing held a ceremony marking the completion and launch of 50 major industrial projects scheduled for the fourth quarter on Oct 18.

These initiatives span various sectors, including new energy, new materials, electronic information, intelligent equipment, and modern textiles.

Among them, there are three projects exceeding 10 billion yuan ($1.37 billion) and 10 projects surpassing 500 million yuan in investment. They are expected to create an additional output value of around 20 billion yuan next year.

From January to September, Keqiao has seen remarkable progress in its development initiatives. The completion rate of 21 provincial engineering projects has reached 128.3 percent.

Additionally, 233 new projects have commenced, totaling an investment of 99.56 billion yuan, while 102 projects have been completed, with a combined investment of 12.69 billion yuan, a 12.1 percent increase in number of projects compared to the same period last year.