A total of 33 investment projects worth 24.45 billion yuan ($3.54 billion) break ground in Qianwan New District in Ningbo, East China's Zhejiang province on June 16. [Photo/WeChat account: nbfb0574]

A total of 33 investment projects worth 24.45 billion yuan ($3.54 billion) broke ground in Qianwan New District in Ningbo, East China's Zhejiang province on June 16, according to local media reports.

Among the 33 projects, 18 are industrial projects with combined investment of 20.54 billion yuan, while 11 are infrastructure construction projects with an investment of 2.41 billion yuan.

The remaining four are aimed at improving people's livelihoods and have an investment of 1.5 billion yuan.

Thirteen are situated in Hangzhou bay industrial accumulative zone, 11 in Yuyao district, and nine in Cixi county. 

Covering an area of 604 square kilometers, Qianwan New District, established in July last year, encompasses three parts: Hangzhou bay industrial accumulative zone (353.2 sq km), part of Yuyao district (106.6 sq km), and part of Cixi county (144.2 sq km). 

According to the plan, by 2035 Ningbo aims to build the district into a world-leading manufacturing base and a demonstration zone for the integrated development of the Yangtze River Delta region.

Zheng Shanjie, secretary of the CPC Ningbo Municipal Committee, and Li Shufu, president of Zhejiang Geely Holding Group, attended the ground-breaking ceremony.