Zhejiang authorities released a series of statistics on its socioeconomic development in 2021 at a high-profile economic work conference on Dec 23.
Zhejiang experienced high-quality economic development in 2021. The industrial value-added among the province's above-designated-size companies is expected to grow by 13 percent this year, and these companies' total profits over the first 10 months surged 23.3 percent year on year.
The province's fixed asset investment from January to November increased by 11.3 percent from the previous year. In particular, investment in high-technology industries jumped 24.1 percent.
The province's total retail sales of consumer goods from January to November rose 11.1 percent, while capita disposable income among Zhejiang residents grew 11.4 percent over the first three quarters.
The province's foreign trade from January to November rose 22.9 percent from the previous year, while the growth rate for exports was 20.1 percent.
Zhejiang has been accelerating its pace of industrial restructuring, resulting in a 18.3-percent increase in industrial value-added to be generated by each square meter of floor space that is occupied by above-designated-size companies in the first 10 months.
In the first 11 months, Zhejiang created 1.138 million jobs in cities, surpassing the previous annual target.
In addition, the province's gross attendance rate for higher education institutes has reached 64 percent, 1.6 percentage points higher than the previous year.