Shanghai's Jiading district becomes a hot spot for industrial investment in the first half of 2019. [Photo/jiading.gov.cn] |
Shanghai's Jiading district became a hot spot for industrial investment in the first half of 2019 because of its strong specific policies for industrial manufacturing industry.
Jiading had attracted a record high aggregated fixed assets investment of 4.82 billion yuan ($700 million) from January to June, up 50.3 percent year-on-year. Jiading contributed roughly 20 percent of the city's total industrial output value with less than 10 percent of the city's land area.
The district has rolled out a raft of preferential policies to boost the confidence of enterprises in Jiading.
Shanghai Horizon Construction Development Co realized actual investment of 500-600 million yuan and it is estimated that 100-200 million yuan will be invested in the district in the second half of 2019, said Dong Sijun, deputy general manager of the company.
Shanghai Horizon Construction Development Co [Photo/jiading.gov.cn] |