The Taizhou Medical High-tech Zone. [Photo/WeChat account: weigg6666]
The Taizhou Medical High-tech Zone in Taizhou, East China's Jiangsu province, recently released its work plan for 2025 and reviewed the highlights of 2024.
The zone's main economic and social development goals for 2025 include a regional GDP growth rate of around 6 percent and a general public budget revenue growth rate of 2.5 percent.
The zone's per capita disposable income of residents is expected to keep pace with economic growth.
Dedicated efforts will be made in 10 areas, including promoting economic recovery and improvement, accelerating the upgrading of industrial chains, strengthening the attraction and construction of projects, bolstering the in-depth integration of production and innovation, enhancing the level of open development, creating a healthy business environment, building a new urban center, accelerating the pace of rural vitalization, improving people's livelihoods and well-being, and coordinating security for development.
The zone achieved a series of impressive results in 2024. Its regional GDP was estimated to have grown around 5 percent last year, while its general public budget revenue grew 1.9 percent. Its total industrial added value of enterprises above a designated size achieved a growth rate of 6.6 percent, and total retail sales of consumer goods grew by 8 percent.
In terms of project development, the zone signed agreements on 80 projects worth over 500 million yuan each last year, broke ground on 34 projects, and completed construction on 29 projects.
In addition, the zone reduced taxes and fees and provided tax refunds for enterprises by an amount exceeding 4.5 billion yuan ($613.81 million).