Major projects serve as a crucial lever for stabilizing investment, expanding domestic demand, and fostering economic growth. This year, the province has dedicated efforts to accelerate the implementation of key projects and continuously stimulate the vitality of private investment. From January to May, the province's fixed asset investment increased by 3.0% year-on-year, injecting strong momentum into the province's stable and positive economic development.
The construction of major projects has accelerated and become more efficient, with investment potential continuing to be released. In Handan, the provincial key project CALB's power and energy storage battery facility, with a total investment of 10 billion yuan, is set to achieve partial production by September. Upon full completion, it will establish an annual battery production capacity of 51GWh, with expected annual operating revenue exceeding 10 billion yuan.
The strategic significance of this base lies in its coverage of the northwest, north, and northeast regions of the country. The products to be manufactured are primarily batteries and their corresponding systems for commercial vehicles and energy storage. For commercial vehicles, the main product will be a 324Ah battery, while for energy storage, the primary product will be a 588GWh offering. For provincial key projects like CALB, the province has arranged a total of 747 such projects this year, with a total investment of 1.56 trillion yuan, representing an increase of 44 projects compared to the previous year.
These projects span strategic emerging industries, traditional industry upgrades, modern services, infrastructure, and social programs. To ensure key projects land, commence, and produce results earlier, the province has strengthened factor support, implementing ledger management for land use guarantees for key projects and tilting newly added construction land planning quotas towards them. It has also established a regular bank-enterprise matching mechanism, strengthened environmental policy support, and optimized energy allocation.
In Shijiazhuang, the provincial key project Shen Guoji · Zhenyue Tiandi, with a total investment of 3 billion yuan, is under intensive construction. The project integrates diverse formats such as digital-intelligent logistics, winter sports, and high-end hotels. Currently, the logistics park section and the snow world have commenced operations. By the end of this year, the hotel and commercial complex sections will be fully operational.
The entire project, from the construction phase to the current near-operational stage, has seen remarkably smooth processing of all procedures. Whether it's heating supply, electricity, drainage, or operational permits, the government has provided full support, with everything revolving around the project's needs. With resources following projects and services tailored to enterprises, the continuously optimized business environment is boosting market investment confidence and accelerating project implementation.
Data shows that from January to May, the province's fixed asset investment grew by 3.0% year-on-year, which is 7.1 percentage points higher than the national average. Large-scale project investment provides strong support. The 5,237 construction projects in the province with investment exceeding 100 million yuan achieved a 4.5% growth in completed investment, driving a 3.3 percentage point increase in the province's total investment. The 934 projects with investment exceeding 1 billion yuan saw an 11.8% growth in completed investment, contributing 5.0 percentage points to the provincial investment growth. The 259 projects with investment exceeding 3 billion yuan recorded a 32.0% growth in completed investment, driving a 7.6 percentage point increase in provincial investment.
The province's fixed asset investment growth rate has significantly outperformed the national average, fully demonstrating the resilience, potential, and vitality of the province's investment market. This is attributed to the province's continuously optimized business environment, efficient and precise factor support, and the policy orientation of wholeheartedly focusing on projects and promoting investment. Particularly, the accelerated landing and sustained momentum of multi-billion and ten-billion yuan major projects have increasingly highlighted their stabilizing role, effectively optimizing the investment structure and addressing development shortcomings.
It is noteworthy that since the beginning of this year, policies and measures to promote the development of the private economy have been solidly advanced, leading to a continuous release of private investment vitality. From January to May, private investment in the province grew by 2.2%, accelerating by 0.5 percentage points compared to the same period last year.
Within private investment, driven by projects like the Tencent Huailai Ruibei Cloud Data Center, investment in information transmission, software, and information technology services surged by 76.9%. Boosted by projects such as the second phase of the Jingneng Qinhuangdao Thermal Power Plant, investment in electricity, heat, gas, and water production and supply increased by 29.5%. Benefiting from projects like the Langfang Mail Processing Center in the Airport Economic Zone, investment in leasing and business services grew by 44.0%. These three sectors accounted for 20.6% of the province's total private investment, driving a 5.9 percentage point growth in provincial private investment.
As the business environment continues to improve and supporting policies to address new situations and problems are implemented, the vitality of private investment will be further unleashed. Moving forward, efforts will continue to leverage the supportive policies of the provincial key private investment project database, focusing on areas such as approval services, factor guarantees, and financing connections. This will further dismantle various investment barriers and consolidate the positive development momentum of stable growth in private investment.
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