Wenzhou plans to advance 389 key projects in 2023 to sustain investment expansion and economic growth, with a total investment of over 120 billion yuan, according to a key project implementation plan aiming to expand Wenzhou’s effective investment. Among those 389 projects, 140 are newly launched and are expected to be under construction this year.

Following the “Thousand Projects & Trillion Investment” Plan formulated by Zhejiang province this year, Wenzhou will put key projects on infrastructure, people’s livelihood and industries high on the agenda, as the city is to pool strength for fixed-asset investment growth and related projects. Specifically, the areas of focus will be advanced manufacturing base, scientific and technological innovation, transportation, clean energy supply, water network, urban organic renewals, agriculture and rural areas, culture and tourism, and public facilities.

In 2023, in terms of advanced manufacturing base, sci-tech innovation, and culture and tourism, Wenzhou will see a series of projects put under construction, including BYD’s electric vehicle battery manufacturing base, Chint Group’s 8 GW solar PV cell and components manufacturing base, phase-one project of the eco-friendly sci-tech city in western Lucheng District, Pacao Fishing Village project of Longgang, a county-level city of Wenzhou. Moreover, the city will speed up the construction of the new energy manufacturing base of Ruipu, a subsidiary of Qingshan Group, the Oujiang Laboratory, and the Jiangxin Islet regeneration project, and at the same time strive to complete and put Chint Group’s intelligent energy measurement devices and a sci-tech industrial park for Taiwanese businesspeople into operation.

Due efforts will be made for better transportation, clean energy supply, and water network. Rail Transit Line S3, Rui’an No.1 Offshore Wind Farm, and Longgang’s seawall project are to start construction. The city will advance the construction of the Hangzhou-Wenzhou Railway, the phase-one project of San’ao Nuclear Power Plant, the water diversion project from the Oujiang River, and endeavors to complete and put the east extension project of the Jinhua-Lishui-Wenzhou Expressway, Cangnan No.1 and No.2 Offshore Wind Farms, and the second phase of Jiangxiyang Plain Drainage Project in the Aojiang River basin.

As for urban organic renewals, agricultural and rural development, and public facilities, Wenzhou will begin construction of Longgang’s comprehensive development region along the Aojiang River, the first phase of rural revitalization and common prosperity project of Shanfu Township, Lucheng District, and the second phase of Wenzhou Kean University campus project. Other ongoing projects, including the organic renewals of the Nanbinjiang region of Rui’an, the rural revitalization and common prosperity project of Longwan District, and the reconstruction of the Shuangyu Campus of Wenzhou Central Hospital, are in full swing. Last but not least, the reconstruction of Longgang People’s Hospital is expected to be wrapped up and put into operation within the year.

Key project implementation remains the central task of investment this year. Led by project life cycle mechanisms and a special investment task force, Wenzhou will advance all key investment projects step by step through list management and other approaches. All parties involved will be in a “horse racing” of effective investment expansion, undergoing process assessment and having regular talks with the inspection body. More incentives will be provided by the state council for those who put policies fully in place. Going forward, the city will ensure that investment funds, land, energy supply and other production factors stay with the projects they are allocated to and are used more effectively.