Economic support for Shanghai World Expo
Expo approaching, the streets of Shanghai on site increasingly tense.
August 18, Shanghai Bureau of Statistics announced that the first 7 months of Shanghai three investment areas, urban infrastructure investment 107.003 billion yuan, an increase of 32.1%; real estate development and investment 77.715 billion yuan, an increase of 0.9%, industrial investment 66.678 billion yuan, down 1.2%.
The stimulation of investment in urban infrastructure under the 1-July, Shanghai invested 273.86 billion yuan in fixed assets over the same period last year 14.4%. This data, compared with January-June increased by 4.8 percentage points.
The previous 6 months, in the power, transportation, municipal engineering projects such as driving under the Shanghai urban infrastructure investment reached 81.826 billion yuan, increased 22.9% over the same period last year, an increase higher than the total fixed asset investment 13.3 percent, ranking the various the first area of investment.
Shanghai Academy of Social Sciences department, said Yang Jianwen, director of the economy, Shanghai investment in infrastructure over the past 20 years, relatively stable, the Expo is also covered in the infrastructure, among.
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