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Changzhou’s fixed asset investment grows by 0.6 percent in first eight months
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From January to August, fixed asset investment in Changzhou recorded a year-on-year growth of 0.6 percent, according to the city's Bureau of Statistics. However, this reflects a slight dip of 0.2 percentage points compared to the first seven months of 2024.

Investment in industrial transformation and technological upgrades continues to be a key growth driver. Over the first eight months of the year, Changzhou’s industrial enterprises intensified efforts to modernize, resulting in a 10.8 percent increase in investment in technological transformation. This growth rate ranks sixth in Jiangsu province and is the highest in southern Jiangsu. Investments in technological upgrades now account for 54 percent of total industrial investment, a 1.3 percentage point rise from the same period last year. These upgrades have been instrumental, contributing 70.7 percent to overall industrial investment growth and driving a 5.7 percentage point increase in industrial investment.

Investments in high-tech industries also experienced a resurgence. From January to August, investment in high-tech sectors rose by 7.2 percent, an improvement of 13.6 percentage points from the first quarter and 2.3 percentage points from the first half of the year. High-tech manufacturing saw particularly strong gains, with aerospace investments surging by 109.5 percent and electronics and communications equipment investment growing by 9.1 percent. In the high-tech services sector, investments climbed by 9.6 percent, driven by a 44.2 percent increase in R&D and design services and a 43.6 percent rise in technology transfer services.

Infrastructure investment also showed robust growth, supported by key projects like Changzhou Metro Line 5, the second phase of the Tenglong Avenue, and the expansion of CHN Energy Changzhou’s 2X1000 mW coal-fired power plant. During the first eight months, infrastructure investment surged by 35.3 percent year-on-year, contributing 3.8 percentage points to overall investment growth. It now accounts for 14.4 percent of the city’s total investment, an increase of 3.7 percentage points from last year. Water conservation, environmental management, and public facilities—together making up more than 40 percent of infrastructure investments—grew by 34.3 percent, while transport infrastructure, accounting for 37.9 percent, saw a 51.5 percent increase.

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