11 Zhejiang cities set socioeconomic targets to reach by 2025
Employees lay an undersea power cable for an offshore wind farm in Zhoushan, Zhejiang province, in September. [Photo by YAO FENG/FOR CHINA DAILY]
Over the past two months, all 11 cities at or above prefecture-level in East China's Zhejiang province have hosted their annual "two sessions", meetings of lawmakers and political advisors, in which municipal government work reports were reviewed and approved.
The cities' development targets to reach by 2025 have been announced in these reports.
Hangzhou
The provincial capital of Hangzhou strives to reach 2.3 trillion yuan ($355.35 billion) in GDP and 180,000 yuan in GDP per capita in 2025.
R&D expense as a percentage of GDP is expected to rise above 4 percent.
Core industries for digital economy are expected to generate revenue of more than 2 trillion yuan in their main businesses and 700 billion yuan in industrial value-added.
Per capita disposable income is set to surpass 85,000 yuan. Urban-rural residents' income ratio is expected to fall below 1.75. Life expectancy should reach 83.88 years. Urbanization rate among permanent resident population is set to exceed 82 percent.
Ningbo
Ningbo aims to reach 1.7 trillion yuan in GDP and 170,000 yuan in GDP per capita in 2025. The urbanization rate among its permanent resident population is set to exceed 80 percent.
Wenzhou
Wenzhou's GDP is set to grow by 6.5 percent annually on average over the next five years so that it is expected to reach 1 trillion yuan in 2025. By then, the city is also projected to be home to millions of well-educated people and more than 10 million citizens.
Huzhou
Huzhou aims to reach 500 billion yuan in GDP and exceed the provincial average level for GDP per capita in 2025. Its R&D expense as a percentage of GDP is expected to reach 3.3 percent. The urbanization rate among its permanent resident population is set to exceed 72 percent.