From January to November this year, Hainan's completed fixed asset investment increased by 10.3 percent year on year, which has strongly supported the construction of the Hainan Free Trade Port, Hainan Daily reported on Dec 20.
Hainan's industrial investment has grown rapidly, and its proportion has further increased during the same time period. The industrial investment increased by 39.1 percent year-on-year, and the amount of industrial investment accounted for 30.8 percent of the province's total investment, driving its growth up by 9.6 percentage points.
The investment growth rate of newly-started projects has also continued to increase. The completed investment in newly started projects from January to November is up 18.1 percent year on year. This kind of investment accounts for 27 percent of the province's total investment, which is an increase of 4.6 percentage points.
The rapid growth of investment in high-tech industries has promoted the optimization of the province's investment development in the first 11 months this year, and the investment in high-tech industries increased by 39.7 percent year on year. Among them, the growth of investment in high-tech manufacturing rose 69.7 percent and investment in high-tech service industries is up 35.1 percent year on year.
Investment in the western region of Hainan Island has grown rapidly with a year-on-year growth of 16.8 percent while the investment in the eastern region has grown steadily, increasing 10 percent year on year.
Overview
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