Core Insights - The article highlights the significant investment plans for key projects across 16 regions in China, with a total of over 12,000 projects and a combined investment amount of approximately 325.3 billion yuan by 2026 [2][3]. Investment Plans by Region - **Beijing**: Plans to invest over 1.4 trillion yuan in 300 key projects, with an annual investment target of about 312.8 billion yuan, aiming to support over 30% of the city's investment [4]. - **Shanghai**: A total of 184 major projects are planned, with an investment of 255 billion yuan, focusing on multiple transportation infrastructure projects [5]. - **Jiangsu**: The province aims to implement 670 major projects with a planned investment of 664.6 billion yuan, marking an increase of 12 billion yuan from the previous year [6]. - **Zhejiang**: Plans to roll out 1,678 major projects with a total investment of 7 trillion yuan, targeting an annual investment of 1.1 trillion yuan [7]. - **Tianjin**: A total of 1,112 projects are planned with a total investment exceeding 1.82 trillion yuan, including 824 key projects with a combined investment of 1.4 trillion yuan [8]. - **Hebei**: The province has announced 747 key projects with a total investment of 1.56 trillion yuan, including 365 new projects [9]. - **Shanxi**: Plans to implement 629 projects across various sectors, including energy transition and infrastructure [10]. - **Sichuan**: A total of 830 projects are planned, with an expected investment of 762.48 billion yuan [11]. - **Shaanxi**: Plans to implement 640 key projects with an investment of over 350 billion yuan, focusing on urban renewal and housing projects [12]. - **Hubei**: A total of 937 key projects are planned with a total investment of 339.04 billion yuan, including 84 projects exceeding 10 billion yuan [14]. - **Hunan**: Plans to invest in 389 key projects with a total investment of 200 billion yuan, focusing on infrastructure and industrial development [15]. - **Hainan**: A total of 470 projects are planned with a total investment of 71.75 billion yuan, including various categories of projects [16]. - **Fujian**: Plans to implement 1,570 projects with a total investment of 4.01 trillion yuan, covering multiple sectors [17]. - **Guangdong**: Plans to arrange 1,850 projects with a total investment of approximately 860 billion yuan, focusing on high-quality development [18]. - **Ningxia**: A total of 100 projects are planned, including various sectors such as industry and social welfare [19]. - **Tibet**: Plans to initiate 73 new projects covering infrastructure and ecological development [20].

Economic Goals - The main expected economic growth target for the city is a GDP increase of around 5% [2] - Local general public budget revenue is projected to grow by 2% [2] - The proportion of total R&D expenditure relative to GDP is expected to reach approximately 4.6% [2] - The urban unemployment rate is targeted to remain within 5% [2] - Per capita disposable income for residents is expected to grow in line with economic growth [2] - The consumer price index is anticipated to rise by around 2% [2] Major Investments - A total investment of 255 billion yuan is planned for major engineering projects this year [2] - Construction will begin on the northern extension of the Jia-Min Line and accelerate the development of several other metro lines [2] - Key projects include the construction of the North-South Passage and the advancement of the second phase of the Hushang Railway and the Shanghai section of the Huchuoyong High-speed Railway [2]

Core Points - The construction of the North-South Passage, a major infrastructure project in Shanghai, officially commenced after over 20 years of planning, marking the completion of the "last piece" of the city's grid-like main road network [1] - The North-South Passage is a significant investment exceeding 10 billion yuan and is part of Shanghai's "14th Five-Year Plan" major transportation projects, expected to reshape the spatial layout of the eastern central urban area upon completion [1] Group 1 - The North-South Passage runs parallel to the North-South Elevated Road, primarily consisting of underground tunnels, stretching 14.55 kilometers from the Zhonghuan Dabaishu Interchange to the intersection of Yanggao South Road and Chengshan Road [1] - The construction is divided into three sections: the Puxi section, the cross-river section, and the Pudong section, with the current phase focusing on the Puxi and cross-river segments, covering approximately 6.35 kilometers [1] - The first construction point is located at the intersection of Quyang South Road and Hongguan Road in Hongkou District, where the shield tunneling machine will commence operations [1] Group 2 - The North-South Passage was first proposed in 2004 during the planning of the CBD core area, and its construction was delayed due to the need for thorough planning and validation of its design and functionality [2] - The project was officially included in the "Shanghai Urban Master Plan (2017-2035)," with Shanghai Urban Investment Road and Bridge Group Co., Ltd. involved in the planning and execution of the Puxi and cross-river sections [2] Group 3 - The construction scale of the North-South Passage is comparable to that of the North Horizontal Passage, featuring a 15-meter diameter single-tube double-layer tunnel designed for a speed of 60 km/h and a height limit of 3 meters for small vehicles [3] - The construction methodology will utilize a combination of surface excavation and underground shield tunneling, applying lessons learned from the North Horizontal Passage [3] Group 4 - The North-South Passage is expected to be the world's longest underground continuous flow road in a central urban area, facing higher construction difficulties and more complex environmental conditions compared to the North Horizontal Passage [4] - The average excavation depth for the North-South Passage will be approximately 10 meters deeper than that of the North Horizontal Passage, necessitating innovative construction techniques to address anticipated challenges [4]