Recently, with the completion of the final concrete pour, the main structure of the Xiaying South Depot for Metro Lines 7 and 8—Ningbo's largest metro vehicle base—was successfully capped. Once completed, the site will not only serve as a comprehensive metro vehicle base but will also leverage the TOD model to create an integrated development demonstration zone combining residential, commercial, and industrial functions, powerfully boosting the city's development capacity and upgrading.
Since 2024, a number of major projects in Ningbo have accelerated construction and overcome key challenges, with a clear driving effect on investment. In the first half of the year, the city completed project investment of 152.7 billion yuan, a year-on-year increase of 10.6%, providing strong support for the sustained recovery of the economy.
Today, walking through Ningbo, one "planning blueprint" after another is rapidly turning into a "real-life scene."
At the construction sites of key projects across Yinzhou, Ningbo, builders brave the "roasting" test and "hotly" push projects to new progress, solidifying the "ballast stone" of high-quality development. At 8 a.m., the construction site of the renovation and expansion project of the Zhejiang University Ningbo Science and Technology Innovation Center (Ningbo Campus) was already bustling, and the project is about to usher in a "harvest season." "We are confident that it will be put into use as scheduled in September this year. At present, municipal ancillary works are being carried out on a large scale in Phase I, and four buildings in Phase II have been topped out, with some entering the decoration and finishing stage," said Tu Haibin, head of whole-process consulting for the project. Once completed, the project will provide intellectual support and talent backing for Ningbo's economic and social development.
Following its acquisition of the province's first gas operation license for a hydrogen refueling station and its official external operation, the third phase of the Zhenhai Refining & Chemical hydrogen refueling station recently began piling and construction. Once completed, its daily hydrogen refueling capacity will expand to five times the current level. As one of China's seven major petrochemical industrial bases, the Zhenhai petrochemical industry accounts for 70% of the regional economy. Under the trend of green transformation of petrochemical bases, hydrogen energy has become a "new branch" growing from Zhenhai's petrochemical industry. In the forward-looking layout of the hydrogen energy industry, the hydrogen source advantage brought by the concentration of petrochemical enterprises is the industrial "origin" that Zhenhai has found.
With a total investment of 2.2 billion yuan, 11 emerging industry projects involving new functional materials, high-end equipment, biomedicine and other fields recently started construction simultaneously in Jiangbei District, Ningbo. After reaching full production, they are expected to generate an annual output value of 5.4 billion yuan. "Through models such as independent enterprise development, state-owned asset acquisition, and government land reserve, we have carried out secondary development of existing industrial space, adding more than 1.4 million square meters of industrial space and more than 5 billion yuan in output value," said a relevant official of the Jiangbei District Economic and Information Technology Bureau.
Up to now, the district has implemented 47 capacity expansion projects, of which 40 have been completed, adding about 766,000 square meters of floor area. These high-quality enterprises and projects have created more possibilities for the vigorous growth of the local industrial economy.
Promoting large investment and driving major development through major projects. Ningbo insists on making major projects an important lever for promoting investment and stabilizing growth. Focusing on the difficulties in advancing major project construction, it has taken multiple measures to provide element guarantee services, pushing all units to work together to overcome challenges and improve quality and efficiency, and making every effort to accelerate all tasks.
Data show that in the first six months of 2024, 359 municipally key dispatched projects completed investment of 102.8 billion yuan, with an annual plan completion rate of 62%; 78 projects actually started construction, accounting for 72% of the annual planned start rate. Key projects in the transportation, urban construction, and industrial sectors have shown an obvious leading trend, with investment completion in all three sectors exceeding 20 billion yuan.
It is reported that next, Ningbo will continue to place stabilizing growth in a more prominent position, anchor the important focus of developing new quality productive forces, and pursue projects, expand investment, and promote development with greater intensity and stronger responsibility, continuously consolidating the sustained positive development trend.