According to the data of the Municipal Bureau of Statistics, Sanmenxia continued to promote a stable investment policy from January to February. The pace of investment in various fields has been accelerating, enjoying a good start, which added new impetus to the economic development of Sanmenxia.

The investment growth rate ranked 7th in the province. From January to February, the fixed asset investment (excluding rural households, the same below) increased by 34.0% year-on-year, increased 5.0% compared with that from January to February in 2019, and the two-year average growth rate was 2.5%. Sanmenxia’s investment growth rate was 3.0 percentage points higher than the province’s, 4.0 percentage points higher than the province’s two-year average growth rate, 0.8 percentage points higher than the national two-year average growth rate, and the growth rate ranked 7th in the province.

Investment in the tertiary industry has grown rapidly, accounting for more than half of the growth rate. From January to February, Sanmenxia’s tertiary industry investment increased by 52.9% year-on-year, and the two-year average growth rate was 10.3%. The proportion of tertiary industry investment in total investment increased from 45.3% in the same period last year to 51.6%, which was 3.2 percentage points more than the combined composition of primary and secondary industry investment.

Infrastructure investment maintains rapid growth. From January to February, the city’s infrastructure investment increased by 55.7% year-on-year, and the two-year average growth rate was 7.9%, accounting for 44.0% of the investment in the tertiary industry. Among them, the information transmission industry increased by 2.4 times, and the water conservancy, environment and public facilities management industry increased by 97.5%. 

Investment in industries related to people’s livelihood continues to increase. From January to February, investment in education increased by 14.5%, investment in the accommodation and catering industry increased by 19.1%, investment in culture, sports and entertainment industry increased by 42.1%, and investment in health and social work increased by 93.2%.

The leading role of investment in high-tech industries is obvious. From January to February, the city’s high-tech industry investment increased by 59.5% year-on-year, and the two-year average growth rate was 64.1%, which was 25.5 percentage points higher than the total investment growth rate. The proportion of it in the total investment increased from 2.5% in the same period of the previous year to 2.9%, which drove the overall investment growth rate by 1.5 percentage points. The investment in the electronics and communication equipment manufacturing industry has increased by 1.2 times, the driving effect of which is obvious. 

Manufacturing investment continues to grow rapidly. From January to February, the city’s manufacturing investment increased by 23.7% year-on-year, and the two-year average growth rate was 4.3%, which was 1.8 percentage points higher than the total investment. Among them, the investment in the computer communication and other electronic equipment manufacturing industry increased by 26.6%, the investment in the non-metallic mineral products industry increased by 35.0%, the investment in the non-ferrous metal smelting and rolling processing industry increased by 1.5 times; the investment in the electrical machinery and equipment manufacturing industry increased by 1.6 times. 

Investment in real estate development stays strong. From January to February, real estate development investment increased by 113.5% year-on-year, and the two-year average growth rate was 44.2%. The growth rate was 79.5 percentage points higher than that of the total investment and the proportion in the total investment increased from 8.0% in the same period of the previous year to 12.8%, which drove the overall investment growth rate by 9.1 percentage points.