By the end of May, Zhongshan completed the investment of 11.68 billion yuan for the construction of key provincial projects, achieving 50.9% of the planned progress.
Since the beginning of the year, affected by COVID-19 epidemic, factors such as insufficient workers and protective materials have, to some extent, restricted the construction progress of key projects.
In response, Zhongshan quickly issued a series of measures to stabilize investment. Among them, in response to the funding problem, the Zhongshan Development and Reform Bureau has taken the lead in organizing banks, financial institutions, and representatives of key projects to hold financing support events. Up to now, banks have granted 127 billion yuan of credit to key projects and have lent more than 5 billion yuan.