In the first half of this year, fixed-asset investment in Huaqiao reached 3250.55 million yuan, 30% higher than the same period last year, and 51.6% of the annual target set by local government.

90% of the new investment is in the service industry – something Huaqiao is focused on developing further. Currently, driven by modern service enterprise investment, ground has been broken on a new set of construction sites, including what will become the headquarters of Guangdong Province’s Zhongcheng Group and Beijing’s Centrin Data Systems, a research and development center for Jiangsu Province’s Suzhou Zumax Medical Co Ltd and a call center for Shanghai Tangram Customer Interactive Center.

The investments in the basic infrastructure have also grown, reaching 1379.27 million yuan, up 80.6% from the same period last year. This includes 445.99 million yuan for roads and bridges, 308 million yuan for facilities for storage, logistics and networks, 141.67 million yuan for the Ecological Garden, a Central Park and other park and nature projects, 202 million yuan for facilities like hospitals, training centers and fitness clubs.

57.2% of the total capital is allocated for real estate, which still plays a leading role in the Huaqiao’s investment: property investment reached 1857.86 million yuan, 18.4% higher than the same period last year.

By Xie Fang