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Financial investment appraisal in Rizhao

2012/7/16 16:43:13   source:Openings

The public rental housing project at Liaocheng Road, a housing project for low income families, receiving financial investment appraisal. (Photo provide by Liu Fuguo刘富国)

  Rizhao is a rising coastal city in Shandong Province. It not only boasts the beautiful scenery represented by azure sky, blue water and golden beach, but also has many enchanting human landscapes like the Olympic Maritime Sports Park, Wanpingkou Bathing Beach and Wulian Mountain.

  In recent years, the urban construction in Rizhao has been changing with each passing day. The constructed area of the downtown region has been expanded to 100 square kilometers, which has fundamentally formed the frame of the city proper. The construction of key projects and infrastructure of the entire city has gained sound development. The ecological special characteristics have come into being. Rizhao has increased the investment in construction of public facilities such as urban roads, environmental health and garden greening with annual volume amounting to 1.5 billion yuan. Rizhao has continuously completed the construction of a series of symbolic engineering products such as Rizhao Sailing Competition Base, Olympic Maritime Park, Natatorium, Sunny Coast and Beihai Road. As a result, Rizhou has become a city that can host all kinds of maritime sports events. Twice in succession, Rizhao has successfully hosted the China Maritime Sports Meet and has hosted a series of international sailing races like the 470 Class sailing race. All these make Rizhao honored as the Capital of Maritime Sports.

  In the course of rapid development of the economy and society, interaction of industrialization and urbanization and acceleration of infrastructure construction and public welfare construction, Rizhao’s special expenditures on the development of the economy, society and people’s welfare has been gradually increased, accounting for more than 60% of the fiscal expenditures. The increase of investment in urban infrastructure has maintained a rate of approximately 30%. In 2011, this investment exceeded four billion yuan.

  Rizhao Financial Investment Appraisal Center was established in 2007. Over the past four years, it has continuously launched appraisals on 733 projects like the Sunshine Coast, Beihai Road, New Campus of the Municipal CPC School, construction of the public rental housing, digital Rizhao geographic construction project, Rizhao Botanical Park and Urban Planning and Exhibition Hall, totalling an investment volume of 4.385 billion yuan. Through the appraisals, 950 million yuan has been saved, which spared funds to the maximum extent.

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Sponsor:Information Office of Shandong Provincial People’s Government