By the end of March, more than 900 projects will break ground in the cities around Hubei, with a project investment exceeding 600 billion yuan (£65bn).
The projects in the province in central China are part of a major development drive under the country’s current five-year plan.
Between 2011-2015, Hubei completed project investments of 10.42 trillion yuan (£1,100bn), increasing by 21.2% annually. It was the period with largest investment and fastest growth in Hubei’s history.
Huangshi, where the ceremony was held, accounts for 29 projects of the total, and the investment will be 15.26 billion yuan (£1.7bn).
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