Zhejiang project investment up 11.9% in first two months

Zhejiang province's investment sector has seen steady growth, Tide News reported on April 11.

From January to February, project investment in the province rose 11.9 percent year-on-year, according to data released by the Zhejiang Provincial Development and Reform Commission.

The jump comes despite a high base last year and is driven by the steady rollout of major infrastructure and industrial projects.

In early February, Zhejiang launched 150 large-scale developments as part of a first-quarter construction push, with a combined investment of 352.05 billion yuan ($48.20 billion).

So far, all 150 projects are progressing as planned.