TEDA’s Manufacturing Investment Grows 15.2% in H1

In 2022, TEDA sees steady growth in fixed asset investment and continuous optimization of the investment structure. From January to June, TEDA’s fixed asset investment grew by 7.3%  compared to the same period last year. Among them, industrial investment increased by 12.8%, and manufacturing investment increased by 15.2%.

Since the beginning of this year, TEDA has taken effective measures to accelerate the construction of key projects. 274 key projects including Nangang Ethylene and Beijing Gas LNG are implemented smoothly. 48 key projects such as Sinopec Lubricating Oil, Samsung Motor MLCC Capacity Expansion and Reconstruction, FAW-Toyota Series Vehicle Project and Asymchem Chemical Macromolecule commence on schedule. 13 key projects such as  Kingsoft Cloud Cloud Computing Data Center, Samsung Battery NS Production Line and  Wuxi AppTec Rongda Park are completed and put into operation, further highlighting the supporting role of major projects.