An evening city view of Xi'an. [Photo/Xi'an municipal government's WeChat account]

Since the start of the year, Xi'an, capital of Northwest China's Shaanxi province, has focused on its industrial development and improving people's lives, promoting the optimization and upgrading of key industries and major projects, and boosting its high-quality development with high-quality projects.

By the end of September, the city's 594 municipal key projects currently under construction had completed investments of 468.08 billion yuan ($64.07 billion), achieving 93.38 percent of the annual target.

One of the projects – Hikvision Xi'an Science Park – involves investment of about 2.5 billion yuan and a construction area of about 370,000 square meters. After completion, the park's annual output value is estimated to be 1.5 billion yuan.

It is expected to greatly promote the development of video surveillance, the internet of things, artificial intelligence and other related industries in the city and play an active role in the upgrading of Xi'an's industrial structure and the construction of high-tech smart parks.

A rendering of Hikvision Xi'an Science Park. [Photo/Xi'an municipal government's WeChat account]

Another project – CETC Xi'an Industrial Park – has a planned construction area of about 150,000 sq m, with an investment of about 980 million yuan.

As an important regional strategic facility of CETC, the park is set to support cutting-edge technology research when completed, as well as core technology and product research and development.

Moving forwards, plans are for Xi'an to continue to promote the construction of major projects, to build a national important scientific research and cultural and educational center, and a high-tech and manufacturing industrial base.