In an effort to boost economic growth and drive development, Zhangjiagang, a county-level city in Suzhou, East China's Jiangsu province, has outlined ambitious plans for the implementation of 222 major projects this year.
The projects have a total investment of 236.1 billion yuan ($32.85 billion), of which 36.7 billion yuan will be made available in 2023. Significant progress was made in the first half of the year, with major projects already receiving 19.98 billion yuan in funding, accounting for 54.4 percent of total planned investment.
Of the 93 projects slated for commencement this year, 76 have already been initiated.
In order to facilitate the development of these important projects, Zhangjiagang in March established a special department which comprises eight branches dedicated to various services, including land planning, financial support, and administrative examination and approval.
Due to the complexity of procedures, Jiangsu Huacheng Group in Zhangjiagang encountered obstacles during the approval process for a project. To tackle this issue, various departments, such as those responsible for construction and regulatory affairs, collaborated to assist the enterprise. These efforts enabled the project to commence construction three months earlier than originally planned.
By facilitating major projects through these streamlined processes, Zhangjiagang is bolstering its economic landscape and attracting more investment, fostering sustainable growth and prosperity.