The second session of the 16th Dalian People's Congress began on January 9 in Dalian with the release of its municipal government work report.
Dalian's economy in 2018 witnessed a stable growth. The GDP in northeast China's Dalian was predicted to rise by 6.5 percent last year, said Tan Chengxu, mayor of Dalian, while delivering the annual work report.
Maintaining smooth economic development
The regional growth in 2018 was forecasted to be around 6.5 percent, as the government aims to deepen reform and improve the quality and efficiency of the economy.
Statistics showed that Dalian gained momentum in achieving high-quality development, as the general public budget revenue increased by 7 percent, investment in fixed assets increased by 10 percent, and the retail sales of consumer goods grew by 8 percent.
In 2018, Dalian saw a fruitful year in its industrial and commercial construction. According to statistics, the industrial added value increased by 15 percent. It has also made great efforts in improving its business environment, launching 177 major projects all over the city.
The city focused on the construction of mid-to-high end manufacturing brands, promoting the development of emerging industries vigorously so as the added value of it and high-tech industries increased by 41.6 percent and 36.4 percent respectively in the last year. In addition, the number of high-tech enterprises in the city broke through 1,200, an increase of 45 percent. The trading volume of technology contracts reached 17 billion yuan ($2.52 billion), up 37 percent.
Meanwhile, the city also strived to work on modern service industry. Taking tourism as an example, its revenue reached 144 billion yuan last year, an increase of 12.5 percent.
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