Investment, consumption and exports are the "troika" that drives economic growth. Investment plays a key role in economic development. In particular, the impact of fixed asset investment on the economy in the field of investment is multiple. It reflects the speed and scale of social capital accumulation, and is one of the important indicators to measure the economic vitality and development speed of a region.
A few days ago, the growth data of fixed asset investment in Shibei District from January to May was released - an increase of 10.3%, ranking first in the city, releasing a positive signal of economic development.
So, who has made a good start to the fixed asset investment in Shibei District? The old city, which once faced the "hollowing out of industry", why did it counterattack?
01
For the region, the path of high growth of fixed asset investment is nothing more than industry-driven, infrastructure-driven, and real estate-driven. Placed in Shibei District, the driving force of investment in large projects in these major areas is very obvious, which can be seen from the provincial and municipal key projects planned by Shibei District this year——
This year, there are 45 provincial and municipal key projects in Shibei District, with a total planned investment of 51.68 billion yuan, and the number of projects and the annual investment scale are 1.6 times and 1.8 times that of the same period in 2023, respectively, a record high. According to the data, from January to May this year, 12 provincial-level key projects in Shibei District completed 52% of the annual plan, 11 percentage points ahead of schedule; 26 key projects at the municipal level have completed 50% of the annual plan, and the progress is 9 percentage points ahead of schedule.
In fact, not only this year, but also in the past two years, Shibei District has maintained a double-digit growth rate in fixed asset investment, which is significantly higher than the city's average level, which is closely related to Qingdao's promotion of urban renewal and urban construction. Shibei District is the main position and main battlefield of Qingdao's urban renewal construction, and only the old Sifang Industrial Zone in the inefficient area has released more than 4,000 acres of land resources, coupled with the scarce large-scale developable coastal space resources in the main urban area of Qingdao International Cruise Port Area, which provides land element support for the project to take root and construction, and sets up a springboard for the counterattack of the old city.
In fact, most of the key industrial projects in Shibei District are concentrated in these two areas.
The Qingdao International Cruise Port Start-up Zone continues to build a number of leading projects with large investment scale and wide scope of radiation, such as the North China International Oil and Gas Center, Shandong Port Shipping Financial Center, "World Eye" and training base, and other projects are progressing in an orderly manner.
Located in the old Sifang Industrial Zone, CRRC Sifang Zhihui Port, Happy Binhai City, Big Health Industry Cluster, Zhengzhou Road Area and other inefficient plots, CRRC Sifang Industrial Demonstration Zone, Qingdao International Binhai Center, Life and Health Technology High-end Intelligent Manufacturing Industrial Base, Yanshan Science and Technology Eco-City and other projects are in full swing.
02
From the perspective of sustainable economic growth, the investment structure and investment quality and efficiency of key projects are crucial.
This is also confirmed by the industrial projects that Shibei District focuses on promoting this year - the industrial layout of the projects all points to urban industries with high yield value per mu, and mainly focuses on the "four new economies" such as artificial intelligence, digital economy, intelligent manufacturing, and biomedicine, which have become a new driving force and new direction for fixed asset investment.
For example, Yanshan Ecological Science and Technology City will build a high-end new material industry highland with in-depth cooperation between industry, academia and research and accelerated transformation of scientific and technological achievements; The artificial intelligence industry agglomeration area introduces headquarters enterprises such as artificial intelligence and intelligent rail transit; Binhai International Center focuses on five major industrial areas: cross-border trade, finance, medical care and health, high-end manufacturing and digital technology. Neusoft Carrier Innovation Center has introduced and incubated high-tech enterprises in seven sectors, including cloud computing, big data, Internet of Things, and mobile Internet, to build a comprehensive digital new technology industry ecology......
It is worth noting that most of these projects are continuation projects, and in order to make high-growth investment sustainable, it is necessary to improve the major project reserve and rolling continuation mechanism. When these "high-value" projects are completed, their pull effect on the economy can be truly tested. Therefore, while paying attention to project construction, it is particularly important to optimize the business environment to attract investment and attract investment to "targeted" projects to shorten the fermentation and growth time of projects.
03
Compared with industrial projects, livelihood projects such as infrastructure construction and real estate and residential facilities are also important supports for fixed asset investment in Shibei District. In addition to economic stimulation, they also play an important role in improving the quality of the urban environment and the quality of life of residents.
Among the key projects to be promoted in Shibei District this year, there are many livelihood projects such as underground roads and infrastructure projects in the start-up area of Qingdao International Cruise Port Area, Ruichang Road bus parking lot project, improvement and improvement of the Licun River (Zhangcun River) watershed, renovation of old blocks, resettlement housing construction, and school construction.
Especially in the inefficient area of the old Sifang Industrial Zone, not only industrial projects are "heating up", but people's livelihood projects are also "running fast". This is due to the consideration of the planning system for the renewal of the area, where "industry-city integration" is given an important position, and the coordinated development of housing, public infrastructure, high-quality environment construction and industrial projects is promoted.
——Covering an area of about 640 acres, nearly half of the area of CRRC Sifang Zhihui Port Area is planned for education, park green space and municipal roads.
-- The new construction area of Yanshan Science and Technology Eco-City in Zhengzhou Road Area is about 1.573 million square meters, except for new industrial land, the rest are supporting projects such as commercial business, schools, and social welfare facilities, accounting for more than 80% of the total area.
-- The Happy Coastal City area has also set up a number of leisure and cultural tourism projects such as community fitness centers, Binhai International Gardens, and Binhai Vitality Cultural and Sports Center. These investments in education, culture, sports and other fields are rejuvenating the old city of the past.
In fact, this is also an inevitable phenomenon of the development of the old city in Shibei to a certain stage. As one of the most historic main urban areas in Qingdao, Shibei District has been seeking a breakthrough, which is not only an industrial breakthrough, but also an iteration of the city's image and urban quality. From the indicator of the growth rate of fixed asset investment, we see that Shibei is being renewed.
Source: Qingdao main city