The government work report released on Jan 6 by Xinghua city, located in East China's Jiangsu province, posted great achievements in economic and social development in 2024, with the focus being on some main tasks in the current year.
Review of Work in 2024
Regional gross domestic product: estimated to hit 121.5 billion yuan ($16.57 billion), up 6 percent
General public budget revenue: 5.1 billion yuan, up 0.2 percent
Fixed asset investment: 49.1 billion yuan, up 15 percent
Per capita disposable income of urban residents: 56,353 yuan, up 4.6 percent
Per capita disposable income of rural residents: 32,066 yuan, up 7.1 percent
Total Industrial output value of enterprises above a designated size: estimated to reach 111 billion yuan, up 0.4 percent
Total industrial added value of enterprises above a designated size: 19.4 billion yuan, up 4 percent
Industrial invoiced sales: 115 billion yuan, up 1.2 percent
Added 95 industrial enterprises above a designated size
Total grain production: about 1.25 million metric tons, ranking the city second in the province
Total retail sales of consumer goods: 38 billion yuan, up 8 percent
Shagou Ancient Town Scenic Spot, designated as a national 4A-level tourist attraction.
Sign 88 projects and break ground 34 projects worth over 500 million yuan each throughout the year
Honored as a national historical and cultural city in 2024, making it the only city to be approved in the province in the past eight years.
Issued 78.5 million yuan in entrepreneurship and wealth loans to people and 33.38 million yuan in employment subsidies
Work tasks for 2025
Projected regional GDP up over 6.5 percent
General public budget revenue up over 2 percent
Fixed asset investment up 8 percent
Total retail sales of consumer goods up 8 percent
Per capita disposable income of residents in sync with economic growth
Achieving energy-saving and emission reduction targets set by the province
Safety production situation continues to stabilize and improve
Work tasks include focusing on major projects, accelerating the pace of industrial transformation, activating the innovation engine, showcasing the heritage of the city, highlighting the advantages of its agriculture, fostering the integration of culture and tourism, strengthening life guarantees for locals, paying attention to being inclusive and balancing the development and enhancement of the public's sense of security.