Bishan Airport Advances Pre-Feasibility Study Submission and Review! In First Seven Months, Chongqing’s Municipal-Level Key Projects Complete Investment of RMB 297.4 Billion

Since the beginning of this year, Chongqing has been advancing its “four batches” of key projects in a well-coordinated manner, continuously setting new progress milestones. From January to July, municipal-level key projects completed an investment of RMB 297.4 billion, marking a year-on-year growth of 7.1 percentage points, with the annual investment completion rate reaching 59.3%.

“First Batch – Projects to Commence” – Securing Project Launch to Boost Development Momentum. A total of 352 projects were planned for commencement this year. From January to July, 218 projects were initiated, with a total investment of RMB 216.03 billion, achieving a commencement rate of 61.9%. Among these, a number of key industrial projects have broken ground, including the Great Wall Motors project for an annual production capacity of 300,000 units of dual-motor hybrid transmissions, the Liangjiang Satellite Internet Ground System project, and Phase I of the Jiulongpo Automotive-Grade Optoelectronic Module and Silicon-Based Micro LED Chip Manufacturing project. The feasibility study report for the Qianjiang-Jishou Railway project has been officially approved by the National Development and Reform Commission (NDRC), and the project is currently advancing the approval process for its Soil and Water Conservation Plan.

“Second Batch – Projects Under Construction” – Accelerating Progress to Expand Investment Space. From January to July, 647 projects currently under construction completed an investment of RMB 189.9 billion, with an annual investment completion rate of 60.1%. A total of 180 projects, including the Liangping Unmanned Aerial Vehicle Manufacturing Industrial Park, Rail Transit Line 27, and the Chongqing Wanxian-Wuma 500 kV Transmission Line Project, have achieved an annual investment completion rate exceeding 70%.

“Third Batch – Projects to Complete” – Ensuring Timely Commissioning to Enhance Efficiency and Output.  A total of 383 projects were scheduled for completion this year. From January to July, 88 projects were completed, with an investment of RMB 56.47 billion and an investment progress rate of 68.2%. Among them, key projects such as the Chongqing Yineng Silicon Carbide Module Production Base, the Banan Qixin Project, the Yunyang Jiangkou-Longgang Expressway, the Taojia Tunnel, and the Expansion Project of Chongqing Three Gorges Medical College have been completed and put into operation.

“Fourth Batch – Projects in Reserve” – Promoting Transformation to Consolidate the Development Foundation. Chongqing regards the reserve of key projects as a critical lever to continuously improve project quality. Five reserve projects, including the Dukou Past Events Cultural Tourism Integration Project, have been advanced to commence construction ahead of schedule this year. Three projects, including the National Artificial Intelligence Application Pilot Base (focusing on human resources services in the HR field), are currently in the construction bidding phase. The feasibility study report for Phase II of the G4223 Yanjiang Expressway South Line has been submitted to the national ministries. Furthermore, the pre-feasibility study submission and review processes for Bishan Airport and the Chongqing-Guiyang High-Speed Railway are being steadily advanced.

Source: Chongqing Daily