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Ningbo municipal congress convenes

Updated:2020-04-28 (chinadaily.com.cn)

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The fifth session of the 15th Ningbo Municipal People's Congress commences in Ningbo, East China's Zhejiang province on April 27, attended by 460 representatives. [Photo/WeChat account: nbfb0574] 

Ningbo's gross domestic product (GDP) totaled 1.1985 trillion yuan ($173.69 billion) in 2019, moving up three spots year-on-year to 12th nationwide. 

The figure also represented an uptick of 5.1 percent over the previous year, according to Qiu Dongyao, mayor of the city. 

Qiu made the remarks while delivering a government report at the fifth session of the 15th Ningbo Municipal People's Congress on April 27 to an audience of 460 representatives. 

The city's general public budget revenue reached 146.84 billion yuan last year, up 6.4 percent year-on-year. 

The per capita disposable income among urban and rural residents rose 7.9 percent and 8.9 percent respectively, according to the report. 

This year, the local government forecasts a rise of roughly 6.5 percent in economic output. 

It will strive to hold urban unemployment below 3.5 percent while working to curb the growth of CPI to about 3.5 percent.

The development of the real economy will remain a top priority for the government, Qiu said. 

The government will also work to stimulate market demand, deepen reform and opening up, coordinate urban and rural development and improve city construction. 

The city's economic and social development is facing unprecedented challenges this year, said the mayor, calling for more efforts to bolster confidence and turn the crisis into an opportunity. 

This year marks the last year of China's plan to build a moderately prosperous society in all respects and the last year of the 13th Five-year Plan (2016-20). 

Qiu urged all parties to help achieve the national goal and build Zhejiang into a shining example of the superiority of the socialist system with Chinese characteristics in the new era.