Taizhou's GDP up 7.5 percent in 2018: report

chinadaily.com.cn | Updated: 2019-01-14

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Zhang Xiaoqiang, acting mayor of the Taizhou municipal people's government, chairs the fourth session of the fifth Taizhou Municipal People’s Congress and delivers the government work report. [Photo/Taizhou.com.cn]

Taizhou's GDP recorded 7.5 percent annual growth in 2018, according to a government work report made at the municipal people's congress last Sunday. 

Its urban and rural per capita disposable income in the year reached 55,000 yuan and 27,000, respectively, the report said. 

According to Zhang Xiaoqiang, acting mayor of Taizhou, in 2018 the city embraced robust economic growth with the private sector as the primary contributor. With inauguration of the high-speed rail route linking Hangzhou, Shaoxing and Taizhou, as well as other great industrial investments, Taizhou is in a steady high-quality development pattern.

In terms of goals for 2019, Zhang pointed out that the city will ramp up efforts to construct a modernized bay area as a strategic driver of its economic growth in the coming years. 

Taizhou has targeted economic growth at roughly 7.5 percent for 2019, according to the mayor, and plans to accelerate the pace of industrial transformation and upgrading, rev up innovation and facilitate investment throughout the year.

Meanwhile it will continue to optimize government efficiency, promote supply-chain reform, and deepen reform and opening-up with the aim of becoming a city with a modernized bay area.

Also the city will push forward rural vitalization, step up agriculture modernization and increase the income of rural residents.

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The fourth session of the fifth Taizhou Municipal People's Congress opens in Taizhou with attendance of 448 deputies on Jan 13. [Photo/Taizhou.com.cn]


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Deputies deliberate on the government work report at the fourth session of fifth Taizhou Municipal People's Congress on Jan 13. [Photo/taizhou.com.cn]