Wangcheng District of Changsha held a project construction mobilization meeting on February 8. It announced that the district plans to roll out and implement 582 projects this year. The planned annual investment is 77.5 billion yuan, up 12.5% over the previous year. Fixed asset investment is expected to grow by 10%.

Wangcheng District has actively promoted the implementation of projects. On February 7, the first working day of the Year of the Tiger, 81 projects worth 14.1 billion yuan started construction. Among them, the Desay Battery Energy Storage Battery Cell Project has an investment of 7.5 billion yuan. Its headquarters, R&D center and production center, with a capacity of 20 GWh, will be arranged in three phases. Upon full operation, the project is expected to achieve an annual output value of 12 billion yuan. This will help accelerate the aggregation of upstream and downstream battery cell capsulation business and foster a new calling card for Changsha’s intelligent manufacturing.

Wangcheng District’s projects this year will mainly involve people's livelihood, industrial structure optimization, rural revitalization, and all-for-one cultural and tourism integration, with the “One River and Two Banks" area, Xiangjiang Ancient Town complex, High-speed Railway West Town and Wangcheng Economic Development Zone as main areas for construction.

Source: en.changsha.gov.cn