According to a source from the Jingzhou Development and Reform Commission today, Jingzhou's fixed assets investment increased by 12.1 percent from January to October, 1.4 percent higher than Hubei's average growth rate, up 0.2 percent from last month, continuing the month-by-month recovery since the second half of this year.

Jingzhou's fixed assets investment operations in the first 10 months show a narrowed gap between counties, cities and districts. Apart from Jingzhou Economic & Technological Development Zone, Gong'an County and Jingzhou High-tech Industrial Development Zone, fixed assets investment in the other areas all grew by over 17 percent.

Jingzhou's infrastructural investment slowed down. Jingzhou's infrastructural investment picked up by 12.5 percent from January to October, up 3.1 percent from last month. Jingzhou's transportation, warehousing and post investment rose by 10.6 percent. Jingzhou's water conservancy, environment and public facility management investment grew by 15.6 percent. Jingzhou's real estate investment increased by 41.9 percent and played a significant role in maintaining overall investment growth.

Jingzhou's industrial investment continued to recover. Jingzhou's industrial investment grew by -1.3 percent from January to October, up 3.4 percent from last month and rebounded for two consecutive months.

Jingzhou's private environment heated up. Jingzhou's private investment increased by 8.9 percent, up 2.5 percent from last month

Jingzhou's key provincial projects were completed soundly on the whole. 18 of 20 key provincial projects in Jingzhou commenced, with a total investment of 13.81 billion yuan, accounting for 106.6 percent of the planned annual investment. Projects such as Henglong's 5,000,000 sets/y vehicle steering systems, Shanying Paper, Jiangling Coal Storage and Distribution Base and Fuxing Boulevard over-fulfilled annual targets of completed investment. Projects such as CAU Lvcheng and Honghu CAWM Minhong Aquatic Product Wholesale Market are expected to commence before the end of this year.

Jingzhou's key municipal projects lagged behind. 80 key municipal projects completed a total investment of 18.48 billion yuan, accounting for 82.5 percent of the planned annual investment.

Project support abated. Jingzhou had 1,334 registered projects in progress, down 4.8 percent or 67 year on year, down 3 percent from last month in terms of decreasing amplitude. 507 projects commenced this year, down 32 percent or 239 year on year, down 5.3 percent from last month in terms of decreasing amplitude.

Jingzhou has scheduled investment steadily to ensure the fulfillment of its annual investment target. In December, in the assessment of Jingzhou's fixed assets investment projects in the fourth quarter of 2019, 31 projects in Jingzhou's 8 counties, cities and districts, and 3 functional zones were assessed. The first commencement ceremony of projects in 2020 will take place.