Major projects played an outstanding supporting role. In terms of project scale, from January to August, the completed investment of projects with a total planned investment of 50 million yuan and above increased by 17.6% year on year, which boosted the fixed assets investment of the whole city by 7.3 percentage points. In particular, the number of projects with a total planned investment of over 100 million yuan and the completed investment this year increased by 12.9% and 24.2% year on year respectively. The increase of large projects, especially the growth of investment in projects over 100 million yuan, has provided strong support for the steady growth of fixed assets investment in the whole city.

Investment in infrastructure construction continued to grow rapidly. From January to August, the city’s infrastructure investment increased by 29.6% year on year, which was 16.5 percentage points higher than the growth rate the city’s fixed assets investment, driving the city’s investment growth by 6.2 percentage points. Among them, investment in transportation, which accounted for 71.8% of the city’s infrastructure investment, increased by 85.4% year on year; the projects of Hengzhou County-Nanning section of Cenxi-Daxin Highway and Guilin-Qinzhou Port Highway (from Liujing of Nanning to Binyang County) were carried out in an orderly manner, which played a major role in promoting the growth of infrastructure investment.