Taizhou in Jiangsu province. [Photo/Taizhou Daily]
According to the 2024 Taizhou Government Work Report, the city's GDP is projected to surpass 700 billion yuan ($95.48 billion), with total import and export volume reaching a historic high of $23 billion.
Significant strides were made in industrial development, with newly started projects valued at over 500 million yuan or $30 million increasing by 47.8 percent and completed projects rising by 37.6 percent.
Taizhou's agricultural sector also led the way, with grain yield per unit area ranking first in Jiangsu province for the eighth consecutive year, and 80.8 percent of farmland upgraded to high standards.
In retail, sales of new energy vehicles and green home appliances surged by 43.1 percent and 19.5 percent, respectively, reflecting the city's shift toward sustainable consumption. On the social front, 67,000 new urban jobs were created, and 24.6 million elderly residents benefited from government-subsidized home care services.
Looking ahead, Taizhou's 2025 development targets include a 6 percent GDP growth, a 2.5+ percent growth in general public budget revenue, a 6.5 percent growth in fixed asset investment, a 6 percent growth in total retail sales of consumer goods and ensuring resident income growth aligns with economic growth.
With a solid foundation and ambitious plans, Taizhou is poised to maintain its strong economic and social development trajectory.