On May 24, according to the source released from Jingzhou City Industrial Promotion Conference, the second meeting of Jingzhou Leadership Group on Industrial Economy &Investment Promotion and Jingzhou Economic Promotion Meeting at County Level, that Jingzhou’s industrial economy continued to recover from January to April this year, which achieved a good start.

The industrial economy saw fast growth. From January to April, Jingzhou’s added value of industrial enterprises above the designated size grew by 72.5%, ranking the 2nd place in the province; the number of new industrial enterprises above the designated size reached 1,248, adding 131, ranking 3rd place in Hubei in terms of adding number; the industrial electricity consumption amounted 2,723 billion kwh, an increase of 57.89%. It is worth noting that the benefits of the enterprises continue to grow, the total output value of Jingzhou’s large and medium-sized industrial enterprises reached 36.592 billion yuan, a year-on-year increase of 90.5%. Key industries such as papermaking, building materials, chemicals, pharmaceuticals, auto parts, home appliances, etc enjoys substantial growth compared with the same period in the previous two years.

Business and investment promotion kept strong momentum. From January to April, 179 new projects exceeding 100 million yuan were signed, of which 153 were industrial projects, accounting for 85.5% of the contracted projects; Introduce 146 projects of 100 million to 1 billion yuan, 28 projects of 1 to 5 billion yuan, and 5 projects of more than 5 billion yuan; 12 export-oriented projects above 100 million yuan, 13 projects of revitalizing stock assets that above 100 million yuan, and 8 technological transformation industrial projects above 100 million yuan were signed; 114 project legal entities completed registeration. From January to April, 37 newly kicked off projects were enlisted into the census database and 38 new projects were put into production. The actual funds in place reached 2.067 billion yuan.

The investment operation recovered steadily.From January to April, Jingzhou's fixed assets investment grew by 155.5 percent and its completed investment restored to 62 percent of same period before the epidemic. Among 168 projects that schedued to breaks ground from January to May,119 projects have kicked off already, accounting 70.8% of total plan. Jingzhou District and Ji'nan Eco-Culture & Tourism Area have the highest implementation rate, Jingzhou Economic & Technological Development Zone (JETDZ) leads first in terms of newly started projects, 30 of total scheduled 34 projects in JETDZ started construction, 8 projects in Jingzhou District and 2 projects in Ji'nan Eco-Culture & Tourism Area all break ground. Totally 802 projects above 5 million yuan were enlisted into the census database, of which 200 were newly added to the unified project from January to April. In terms of the amount of investment in the database, Jianli City ranked first with a total amount of over 10 billion yuan; in terms of the number of new additions, Jiangling County ranked first with 34 projects.