Under the guidance of the Three Highlands and Four New Missions Strategy, Hunan's ten major industrial projects are progressing smoothly, exceeding the annual investment plan. It was learned from the Industry and Information Technology Department of Hunan Province on November 25 that, the annual planned investment of the ten major industrial projects was 20.65 billion yuan, while the actual investment in the first 10 months reached 25.229 billion yuan, accounting for 122.17% of the annual plan.
 
The SAIC Volkswagen's new energy vehicle project, with a planned investment of 8 billion yuan, started construction in Changsha Economic and Technological Development Zone on October 8. It will gradually start production of new energy models on the MEB platform since 2024, with an estimated production capacity of 100,000 vehicles per year. So far, all the provincial ten major industrial projects are under construction.

The major projects construction are in full swing now. At a heavy truck joint workshop in Land B of the Sany Intelligent Heavy Truck and Construction Machinery Expansion Project, the number of technicians in the welding workshop has increased significantly, and the vehicle assembly workshop is undergoing equipment installation. The “three vertical and one horizontal” supporting roads of Lens Consumer Electronics Project have been opened to traffic, and the first-phase factory buildings, dormitories, and comprehensive buildings have been completed. The Hunan Creative Design Headquarters Building Project in the Malanshan Video Cultural and Creative Industrial Park was completed. Other industrial projects such as Xingwang Science and Technology Headquarters, Mango TV Headquarters, and TVZONE Headquarters advanced in an orderly manner. 

Some projects are constructing while operating at the same time, to catch up with the schedule and achieve beneficial results. With a total investment of 100 billion yuan, the headquarters and three major industrial parks of engineering crane, pumping machinery, and intelligent aerial-work machinery of the Zoomlion Intelligent Industrial Town are fully under construction. Meanwhile, the brand new excavators are continuously assembled and off the assembly lines in a large cluster of silver factory buildings. The San'an Semiconductor Project completed trial production of three workshops this June. Currently, the verified long crystal, substrate, and epitaxy products are all off the assembly line. The Steel Sheet Deep Processing Industrial Park of Lianyuan Iron and Steel Co., Ltd., Valin Group has built an industrial chain of “Lianyuan Iron and Steel - Deep Processing -Parts and Components”. A number of projects such as Lianyuan Iron and Steel’s Intelligent Machinery Garage and the Central Hunan Intelligent Engineering Machinery have been put into production one after another, highlighting the industrial cluster effect.

Major industrial projects have formed a strong support and driving force, and the industrial investment aftereffect of the province continued to increase. According to statistics, between January and October this year, the provincial industrial fixed asset investment increased by 14.4% year on year, 3 percentage points higher than the national average. The two-year average growth rate was 12.7%, ranking 5th nationwide and 1st in central China.

This article is from Hunan Provincial Government www.enghunan.gov.cn.

Translator: Yu Jiangjiang

Chinese source: hunan.gov.cn