On Jan 29, Maoming held a centralized start-up activity for the major projects of the first quarter of the year.

Maoming plans to start construction of 50 projects in this quarter, covering infrastructure, industrial projects and people's well-being, with a total investment of 51.8 billion yuan ($7.68 billion) and an annual planned investment of more than nine billion yuan.

Industry is the source of power for economic development. Among the projects launched this time, there are 24 industrial ones that account for nearly half of all projects, and that have investment amounts generally exceeding one billion yuan.

A total of 20 infrastructure projects were launched, including the Maoming Power Grid. Among the six people's well-being projects, the majority relate to health care and include the construction of a new area for the Maoming Maternal and Child Health Hospital.

The centralized start-up activity for the major projects of the first quarter of the year is held in Maoming on Jan 29. [Photo/WeChat account: maofabu]