Zhejiang targets 6.5 percent GDP growth in 2021
Hangzhou News   2021-01-28 14:11   Source:Xinhua

East China's Zhejiang province set its GDP target for 2021 at more than 6.5 percent, local authorities said.

The province achieved a 3.6-percent GDP growth to more than 6.46 trillion yuan ($1 trillion) in 2020, said Governor Zheng Shanjie while delivering a government work report at the annual session of the provincial people's congress.

As the country's private economy powerhouse, Zhejiang vigorously resumed its production and business despite the impact of the COVID-19 outbreak last year. Its GDP growth rebounded to 0.5 percent in the first half and 2.3 percent from January to September, after shrinking by 5.6 percent in the first quarter, according to the local government work report.

The per capita disposable income of urban and rural residents last year increased by 4.2 percent and 3.6 percent, respectively.

The province aims to achieve GDP growth of more than 6.5 percent this year, with the added value of core industries in the digital economy up by more than 10 percent.

Author:  Editor:Zhang Di