In the first three quarters, the construction of implementation-type provincial major projects exceeded the scheduled progress by 9.9 percentage points. Shandong's major project construction is showing good momentum. In two factory buildings, more than 40 sets of equipment that have arrived are being installed and commissioned, while another factory building and the office building are undergoing fine decoration and external pipe network construction... Recently, at the construction site of the low-heavy rare earth magnetic material project of Yantai Dongxing Magnetic Materials Co., Ltd., a provincial major project in Shandong, workers were busy in an orderly manner. "At present, the project is stepping up construction, and the first phase is scheduled to be completed before the end of November," introduced Fu Lianbao, deputy general manager of the company.

It was learned from the Provincial Development and Reform Commission that in the first three quarters, the construction of provincial major projects showed good momentum: among the 650 provincial major projects, 584 of the 585 implementation-type projects have started, with a start rate of 99.9%, and a cumulative investment of 464.99 billion yuan has been completed, accounting for 84.9% of the annual investment plan and exceeding the scheduled progress by 9.9 percentage points.

Major projects are the "ballast" and "strong engine" for promoting accelerated economic recovery and improvement and achieving high-quality development. This year, focusing on building a green, low-carbon, and high-quality development pioneer zone, Shandong has given greater prominence to the real economy, firmly grasped key areas such as building a strong manufacturing province and the construction of the "seven networks" of infrastructure, and planned and implemented 602 provincial major projects with a total investment of 2.5 trillion yuan and an annual planned investment of 480 billion yuan, providing strong impetus for high-quality economic development.

In the middle of the year, in accordance with the dynamic adjustment mechanism for provincial major projects, Shandong added projects that meet the recognition criteria for provincial major projects. The number of provincial major projects was increased by 48 to 650, and the total investment increased by 150 billion yuan. The provincial major projects not only increased in number, but the added ones are all projects with large investment volumes and good development prospects. High-quality industrial projects accounted for 48.8% of the newly added projects, further enhancing their supporting and leading role.

The low-heavy rare earth magnetic material project of Yantai Dongxing Magnetic Materials Co., Ltd. is one of the newly added provincial major projects. "The total investment of the project is 1 billion yuan, and it is built in two phases. It is mainly engaged in the production and manufacturing of high-performance low-heavy rare earth magnetic materials for fields such as new energy vehicles and energy-saving motors. After full completion, it can add 10,000 tons of production capacity," said Fu Lianbao. The project adopts the industry's leading low-heavy rare earth diffusion technology. Compared with the original process, the use of heavy rare earths is reduced by more than 50%, and product performance indicators reach the international leading level.

Walking into the site of the Geely Sunwoda power battery project, a provincial major project located in the Zaozhuang High-tech Zone, one is greeted by a bustling scene of production and construction - production lines for 173Ah cells, 5.2Ah cells, and modules are running at full capacity, and the remaining factory buildings and supporting facilities are being constructed at a faster pace.

The Geely Sunwoda power battery project has a total investment of 5 billion yuan and is built in two phases. It adopts self-developed fully automatic module production lines and power battery system production lines. After completion, it can produce 10GWh of pure electric power batteries and 300,000 sets of hybrid batteries annually. It is an engine-like and supporting major industrial project. The Zaozhuang High-tech Zone established a service task force, providing detailed and thoughtful services across the entire chain from project negotiation and signing to construction, production, and operation, ensuring the smooth construction and production of the project.

"At present, 80% of the civil engineering work of the entire project has been completed, more than four months ahead of schedule. It is one of the fastest production bases for the enterprise in terms of construction and commissioning speed," said Liang Qi, a senior supervisor of the Economic Development Bureau of the Zaozhuang High-tech Zone. The smooth progress of the project has driven Sunwoda to invest 20 billion yuan independently in Zaozhuang to build a 30GWh power battery and supporting project, further optimizing Zaozhuang's entire lithium battery industry chain ecosystem.

The rapid construction and commissioning of major projects require continuous strengthening of factor guarantees and optimization of project services. Shandong has established a coordination mechanism for important projects, increased provincial-level overall planning, and effectively guaranteed the demand for factors such as energy consumption, coal consumption, and land for key projects, so that "good horses get good feed." It has continuously optimized supervision and services, built a full-chain closed-loop resolution mechanism, helped enterprises solve difficulties and problems existing in project construction, and pushed the construction of provincial major projects to "accelerate."

Entering the fourth quarter, the construction of provincial major projects has entered a critical sprint stage. A relevant person in charge of the Provincial Development and Reform Commission said that on the existing basis, efforts will be intensified to accelerate the construction of provincial major projects, provide strong investment support for completing the annual target tasks, and at the same time do a good job in planning and reserving projects for next year. Focusing on key directions and fields such as the digital economy, energy transition, advanced manufacturing development and traditional industry upgrading, the "new three" and new industry development, infrastructure, and livelihood security, a batch of leading, supporting, and demonstrative major projects will be planned and reserved.