Just Nine of China’s provinces have unveiled plans for investment in major infrastructure projects worth at least 24 trillion yuan (approx. USD$3.45 trillion) in 2020.
Data from National Business Daily indicates that six out of 15 provinces analysed are planning total investment in major infrastructure projects worth over 500 billion yuan in 2020 alone, including Henan, Guangdong, Sichuan, Jiangsu, Fujian and Shaanxi.
No. | Province | Annual investment amount | Total investment amount | Project number |
1 | Henan | 837.2 billion yuan | 3.3 trillion yuan | 980 |
2 | Guangdong | 700 billion yuan | 1230 | |
3 | Sichuan | 600 billion yuan | 4.4 trillion yuan | 700 |
4 | Jiangsu | 541 billion yuan | 240 | |
5 | Fujian | 500.5 billino yuan | 3.84 trillion yuan | 1567 |
6 | Shaanxi | 500 billion yuan | 600 | |
7 | Yunnan | 440 billion yuan | 5 trillion yuan | 525 |
8 | Guizhou | 430 billion yuan | ||
9 | Chongqing | 340 billion yuan | 2.7 trillion yuan | 924 |
10 | Shanghai | 310 billion yuan | 152 | |
11 | Beijing | 252.3 billion yuan | 300 | |
12 | Hebei | 240.2 billion yuan | 1.8833 trillion yuan | 536 |
13 | Jiangxi | 239 billion yuan | 1.11945 trillion yuan | 335 |
14 | Heilongjiang | 200 billion yuan | 885.6 billion yuan | 300 |
15 | Gansu | 177.9 billion yuan | 995.8 billion yuan | 158 |
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