(1) The urban infrastructure investment features large scale and high growth rate, and the urban hardware facilities are further improved. In recent years, Nanning has grasped the opportunity of the western development drive and the “Belt and Road” initiative, and has actively participated in the construction of Pearl River-Xijiang River Economic Belt and the upgraded version of China-ASEAN Free Trade Area to boost urban infrastructure investment. In the first three quarters of this year, the city’s urban infrastructure investment increased by 18.9% year-on-year, accounting for 14.3% of the whole investment, and achieving a contribution rate of 22.5% to the city's investment growth. In particular, after the comprehensive rectification of Yongjiang River, the revetment, landscaping and lighting projects were launched in the whole river basin of the river. With the commencement of all the sections, urban landscaping and park investment ushered in a peak period, with investment increasing significantly, up by 148.2% year-on-year, achieving a contribution rate of 17.2% to the city's investment growth.
(2) Transportation investment has been further accelerated, driving Nanning's investment to grow steadily. Nanning is the political, economic and cultural center of Guangxi, and the transportation network extending in all directions is particularly important. In recent years, Nanning seized the opportunity and vigorously built various types of transportation projects. The large-scale investment in transportation ensured a steady growth of Nanning’s investment. First, the construction of large-scale water conservancy projects such as the second-line ship lock project of Xijin Water Conservancy Project, the Yongning Water Conservancy Project and the Yujiang Laokou Water Conservancy Project drove the rapid increase of water transportation investment. Second, the smooth progress of expressway construction projects, such as the Guilong Expressway (Nanning section), the expansion of Liunan Expressway (Nanning section), Wuxu Airport-Datang Expressway, the expansion of Nanning-Qinzhou-Fangchenggang Expressway (Liangqing section) and Datang-Pubei Expressway (Liangqing section), greatly promoted the rapid rise of land transportation. Third, the purchase of passenger aircrafts of Guangxi Beibu Gulf Airlines Co., Ltd. drove the rapid growth in air transportation investment. In the first three quarters of this year, the investment in other transportation and postal services in Nanning increased by 29.2% year-on-year, accounting for 6.5% of the city's investment, and achieving a contribution rate of 14.5% to the city's investment growth.