Zhejiang works to stabilize investment in key manufacturing projects

Zhejiang province in East China registered a 17-percent year-on-year growth in investment in the manufacturing industry from January to November, 7.5 percentage points higher than the province's overall growth rate in investment, according to data recently released by provincial authorities.

The inflow of capital to the manufacturing industry has become a driving force for investment in other sectors in Zhejiang and helps stabilize the province's industrial economy.

By Dec 5, 605 key manufacturing projects drew 174.58 billion yuan ($25 billion) in investment, exceeding the original annual target.

An assembly line of car maker Geely in East China's Zhejiang province is pictured. [Photo/Zhejiang Daily]