Hefei: taking the lead and setting an example

On January 16th, the 3rd session of the 17th People's Congress of Hefei was held. The principal leaders of the Hefei Municipal Government delivered the government work report. Hefei will strengthen its role as the provincial capital by taking the lead and setting an example, aiming for a better future.

The report highlights the achievements, projecting that Hefei's regional GDP is expected to grow by around 6.3% in 2023. The industrial added value of enterprises above designated size is projected to increase by over 10%, ranking third among cities with a GDP of over 1 trillion yuan. The balance of domestic and foreign currency loans is expected to grow by 17%, ranking first among cities with a GDP of over 1 trillion yuan. The number of national high-tech enterprises has increased by 1,994, reaching a total of 8,406. The number of national science and technology-oriented SMEs has surpassed 11,000, doubling in two years. The number of market entities has increased by 176,000, totaling 1.69 million.

In 2023, Hefei Economic and Technological Development Zone ranks sixth among national-level economic development zones, while Hefei High-tech Industrial Development Zone climbs to the seventh position among national-level high-tech zones. Shushan District ranks 14th among the top 100 districts nationwide. Feixi, Feidong, Changfeng, Baohe, and Luyang districts have achieved an increase in their ranking on the top 100 districts list, while Yaohai District has made its debut on the list.

Hefei is accelerating industrial innovation through scientific and technological innovation. The total R&D investment accounts for 3.91% of the city's GDP, ranking seventh among cities with a GDP of over 1 trillion yuan. In the global "Science Cities" list published by the journal "Nature," Hefei ranks 13th, rising by three spots. Strategic emerging industries account for nearly 60% of the proportion of industrial enterprises above designated size. Six more industrial enterprises with an output value of over 10 billion yuan have been added, bringing the total to 22.

The report sets forth the main expected targets for Hefei's economic and social development in 2024: a growth rate of around 6% for regional GDP, an 8% growth in industrial added value by above-designated-size entities, a growth rate of around 3% for fixed asset investment, a 2% growth in general public budget revenue, a growth rate of around 7% for total retail sales of consumer goods, an export-import growth rate higher than the national average, a growth rate of per capita disposable income higher than the economic growth rate, a consumer price index increase of around 3%, the creation of 145,000 new urban jobs, and the achievement of provincial control targets for energy conservation and emission reduction.

Source: anhuinews.com