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Liaoning's high-quality development revives once-struggling region with advanced tech

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Liaoning's high-quality development revives once-struggling region with advanced tech

2024-04-23 15:01 Last Updated At:17:07

Once a rustbelt province, Liaoning in the northeast is regaining its brilliance with the production of aircraft carriers, fighter planes, industrial robots, and chips in its drive to revitalization, Governor Li Lecheng said at a press conference in Beijing on Tuesday.

This is one of a series of press conferences sponsored by the State Council Information Office on China's high-quality development.

"In 2023, Liaoning's GDP grew by 5.3 percent, surpassing the national growth rate for the first time in a decade, with its GDP topping the benchmark of 3 trillion yuan (around 0.41 trillion U.S. dollars). In the first quarter of this year, Liaoning's economic and social development sustained the good momentum since last year with the provincial GDP growing by 5.4 percent, and its high-quality development showed stronger resilience, vitality and creativity," said Li.

The value added of industrial enterprises above designated size in the province grew by 5 percent, investment in fixed assets by 4 percent, and total retail sales of consumer goods by 8.8 percent last year, said the governor.

In 2023, 479,000 more people in cities and towns got employed, and the per capita disposable income of urban and rural residents increased by 4.3 percent and 7.9 percent respectively in the province, he said.

The province's foreign trade structure was optimized and upgraded last year, and the export of electric vehicles, lithium batteries and solar cells increased by 48.8 percent year on year, said Li.

Consumption rebounded rapidly, tourism continued to boom, and total tourism revenue last year reached 502.26 billion yuan, a year-on-year increase of 170 percent, he said.

Liaoning has accelerated the establishment of regional science and technology innovation centers, built and reorganized 11 key laboratories on a national level.

"We strive to build Liaoning into a support base for major national strategies, a source of major technological innovations, a new highland of internationally competitive advanced manufacturing, a pioneer in modern large-scale farming, a demonstration area for integrated development of high-quality culture, sports and tourism, and a hub for opening and cooperation in Northeast Asia. Basing ourselves on the new historical starting point, we'll persevere in achieving these six targets as a practical route to promote high-quality development, and revive our glory of 'the eldest son of the People's Republic of China,' and regain the brilliance of the old industrial base," Li said.

Looking ahead, Liaoning will accelerate formation of new quality productive forces, improve business environment, strengthen green development, and reduce cost of education, medical care and elderly care, Li said.

Liaoning's high-quality development revives once-struggling region with advanced tech

Liaoning's high-quality development revives once-struggling region with advanced tech

Liaoning's high-quality development revives once-struggling region with advanced tech and revitalization.

Liaoning's high-quality development revives once-struggling region with advanced tech and revitalization.

Liaoning's high-quality development revives once-struggling region with advanced tech and revitalization.

Liaoning's high-quality development revives once-struggling region with advanced tech and revitalization.

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China's social electricity consumption up 9 pct in Jan-April

2024-05-21 14:48 Last Updated At:15:07

China's social electricity consumption, a key barometer of economic activity, climbed 9.0 percent year on year in the first four months of 2024, according to the National Development and Reform Commission at a press briefing on Tuesday.

Specifically, from January to April, power consumption by primary, secondary and tertiary sectors increased 10.1 percent, 7.5 percent, and 13.5 percent, respectively, spokesman Li Chao said.

China's residential power usage registered a year-on-year increase of 10.8 percent from January to April, he said.

In breakdown by regions, electricity consumption in provincial-level regions grew over 10 percent.

In April, social electricity consumption climbed 7.0 percent year on year.

From January to April, China's power generation of industrial enterprises above the designated size was 2.9329 trillion kilowatt-hours (kWh), an increase of 6.1 percent year-on-year. Power generation in April was 690.1 billion kWh, up 3.1 percent.

From January to April, the National Development and Reform Commission approved 50 fixed asset investment projects, with a total investment of 320.7 billion yuan (about 45.17 billion U.S. dollars), mainly in high-tech and water conservancy industries. Among them, 20 fixed asset investment projects were approved in April, with a total investment of 115.2 billion yuan (about 16.22 billion U.S. dollars).

China's social electricity consumption up 9 pct in Jan-April

China's social electricity consumption up 9 pct in Jan-April

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