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Jining targets over 6% GDP growth in 2021

chinadaily.com.cn| Updated: January 27, 2021

Jining in East China's Shandong province has set ambitious economic and social development goals for 2021, the first year of the 14th Five-Year Plan period (2021-2025), aiming for an expected GDP growth of at least 6 percent, according to its recently released government work report.

The city also plans to achieve a 5 percent increase in its general public budget revenue, a more than 5 percent growth in fixed asset investment, and a 6 percent uptick in retail sales of consumer goods.

In addition, the work report says that more efforts will be made to boost innovation, develop the manufacturing and services industries, open up further, revitalize its villages, beautify the city's environment, as well as promote cultural development.

In 2020, Jining's GDP reached 449.43 billion yuan ($69.52 billion), up 3.6 percent year-on-year. Its total imports and exports expanded 18.3 percent, while the actual use of foreign investment increased 80 percent compared to its 2019 total.

The per capita disposable income for urban and rural residents in Jining had an average annual growth of 6.6 and 8.2 percent respectively, according to the report.