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Lanzhou New Area accelerates development in Q4

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The Lanzhou New Area accelerated project attraction, implementation, and industrialization in the fourth quarter of this year.

Focusing on advanced equipment manufacturing, big data application, bio-medicine, new materials and several other new emerging industries, the new area has introduced projects like the equipment scientific and technological innovation park, the heavy ion application technology and equipment manufacturing base and so on.

The total output value and the fixed assets investment of the new area in the fourth quarter of this year are expected to total 5.69 billion and 11.18 billion yuan, up by 28 percent and 61.3 percent respectively compared with those of the third quarter.

A batch of 13 projects like colleges and hospitals started construction in November with a total investment of 10.9 billion yuan. The new area plans to implement 325 projects in 2018 with a total investment of 139.2 billion yuan in the sectors of industrial development, infrastructure, ecological construction, rural area development, cultural tourism and internet plus.

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