On June 28, the 2^nd round Rd. project of Ningxiang Town, which is 7.1 km long and 40 meters wide, began its construction. This symbolizes the formal beginning of Ningxiang¡¯ s ten 100-million Yuan projects.

In 2001, Ningxiang has decided to develop its regional economy by project construction, and in 2002, it formally decided project construction as its only way to develop. During these two years, Ningxiang town has started 220 over 2 million-Yuan projects and invested 3.74 billion Yuan on them. And in this year, it has started 209 projects and invested 1.15 billion Yuan already.

It is known that the 2^nd round Rd. project of Ningxing is the first project that gets the loan of National Development Bank, and now the already prepared loan is 50,000,000 Yuan.