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Qiantang district releases 14th Five-Year Plan
Hangzhou News   2021-09-06 14:47   Source:www.ehangzhou.gov.cn

Qiantang district in Hangzhou, East China's Zhejiang province, published its 14th Five-Year Plan (2021-25) for national economic and social development on Sept 2.

By 2025, Qiantang is expected to generate more than 160 billion yuan ($24.77 billion) in GDP, establish three industrial platforms each with an annual output of 100 billion yuan, and house more than 1,200 high-tech companies.

According to the plan, the added value of high-tech companies above designated size will account for 75 percent of that of industries above designated size.

The urbanization rate among permanent resident population in Qiantang will reach 90 percent and the district will boast more intelligent urban infrastructure and a complete traffic system.

The per capita sports area in the district will be 2.4 square meters and the per capita public culture infrastructure will be 900 square meters. The added value of Qiantang's culture and related industries will amount to 4.5 billion yuan.

The focus on green and low-carbon production will improve life in Qiantang, allowing its residents to enjoy good air quality more than 90 percent of the days in a year.

The district will establish a 15-minute public service circle that enables local residents to access services such as preschool education, medical care, elderly care, and physical fitness within a 15-minute walk.

The income ratio of urban and rural residents in Qiantang will be reduced to less 1.7.

In 2020, Qiantang's GDP exceeded 100 billion yuan and the total output of its industries above designated size amounted to 293.66 billion yuan, both ranking first in Hangzhou.

As of the end of 2020, Qiantang had 618 national high-tech companies and its expenditure in research and development accounted for 3.97 percent of its GDP.

Author:  Editor:Wang Jian
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