In the second quarter of this year, Kunming's 130 new industrial projects saw total investments and annual planned investments amounting to 48.62 billion yuan($7 billion) and 13.62 billion yuan, respectively.
The Funeng Technology 24GWh battery project is situated in Yunnan Anning Industrial Park, a high-tech industrial zone in Anning city. Occupying 800 acres, the project's primary focus is constructing a 24GWh battery production system. With a total investment of 10.4 billion yuan, an annual planned investment of 2 billion yuan, and an average investment of 13 million yuan per acre, the project is scheduled for completion by 2026.
In the second quarter of this year, Kunming has set plans to launch 260 new projects with a combined total investment of 72.81 billion yuan and an annual planned investment of 20.61 billion yuan. The projects' total investments are distributed across different ranges, with 80 projects valued at over 100 million yuan, 23 over 500 million yuan, 13 over one billion yuan, and 3 over five billion yuan.
Since 2022, Kunming has enhanced investment attraction, project construction, and optimized its investment structure, leading to significant progress in major projects and industrial investment growth in the first quarter.
Moving forward, Kunming will concentrate on key economic development areas, vigorously promote project investments, and achieve growth.
The city will also streamline resources, establish leadership contact mechanisms, and provide comprehensive services for project initiation, creating favorable conditions efficiently.
