Boyuan Construction Group, Inc. announced that it has started construction on two new projects in Jiaxing, Zhejiang Province. The combined value of these projects is $26.1 million. Both projects are located in Jiaxing, a city with a strong economy and fast growing middle-class population. The first project is a commercial development with a construction area of 15,542 square meters and a contract value of $5.5 million. It is expected to be completed in the first quarter of calendar year 2019. The second project is a residential development with a construction area of 91,556 square meters and a contract value of $20.6 million. Completion of this project is expected in the third quarter of calendar year 2019.