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Zhejiang surpasses 2024 investment goals

ezhejiang.gov.cn| Updated: December 20, 2024 L M S

Zhejiang province has exceeded its ambitious 2024 investment targets under the "Thousand Projects, Trillion-Yuan Investments" initiative, completing 121.7 percent of planned spending by the end of November.

The province invested 1.32 trillion yuan ($180.85 billion) across 1,299 major projects focused on infrastructure, innovation, and public services, setting the stage for economic momentum in 2024.

The surge follows the rollout of national pro-investment policies in September. Zhejiang leveraged this policy window to accelerate approvals and ensure key projects advanced on schedule.

Among the highlights, Zhejiang's urban pipeline upgrades and efforts to integrate rural migrants into city life were spotlighted by the National Development and Reform Commission as national model programs.