Baotou city – located in North China's Inner Mongolia autonomous region – recorded year-year growth of 72.2 percent in fixed asset investments in the first five months of 2021, according to statistics released recently by the statistics bureau.

The growth rate gained 3.3 percentage points compared to growth for the first four months. It was 56.8 percentage points higher than the national level and 38.6 percentage points higher than the autonomous region's average, ranking Baotou first among the 12 Inner Mongolia leagues and cities.

From January to May, investment in the primary industry increased by 63.5 percent year-on-year, driving the city's investment growth up by 1.2 percentage points.

During the period, investment in the secondary industry increased by 120.7 percent year-on-year, which was 48.5 percentage points higher than the city's average and drove the city's investment growth rate up by 35.8 percentage points.

Investment in the tertiary industry increased by 51.4 percent year-on-year, driving the city's investment growth up by 35.2 percentage points.

As of the end of May, there were 199 industrial investment projects under construction in the city, a year-on-year increase of 47.4 percent and of these 45 were new projects.

Among industrial projects, 45 are construction projects each worth 100 million yuan ($15.47 million) or more, a year-on-year increase of 36.8 percent.

During the period, investment in key areas has reportedly grown rapidly and investment in high-tech industries has continued to increase.

The city's infrastructure investment – excluding electricity, heating, gas and water production – increased by 69.5 percent year-on-year.

Investment in high-tech industries increased by 138.9 percent year-on-year during the period. Of this, investment in high-tech manufacturing increased by 207.7 percent year-on-year and investment in high-tech service industries increased by 29 percent.