Economy > Regions > Zhejiang

GDP: Zhejiang's GDP in 2001 was 670 billion Yuan, 10.5 percent more than that of the previous year.

Average GDP per capita: Zhejiang's average GDP per capita in 2001 was 14,700 Yuan, an increase of 9.7 percent over the previous year.

GDP ratio: The GDP ratio of the three industries has been adjusted from 11.0:52.7:36.3 of the previous year to 10.3:51:3:38.4.

Poverty alleviation plan: The registered unemployment rate in urban areas is 3.7 percent, or 240,000 people. According to the recent following-up survey, the most difficult problems of the unemployed are medical care and the their children's education. Zhejiang Province leads the country in establishing a social security system, which now guarantees the lowest living standard of 30,000 town people and 236,000 rural residents.

Revenues: The general planned annual revenue is 85.6 billion yuan, of which the general local revenue is 50.07 billion yuan, 30 percent and 46.1 percent more respectively over the previous year.

Industrial output: The province's annual large-scale industrial added value has reached 178.1 billion yuan, an increase of 12.5 percent over the previous year. Of this, that from rural industries rose 14.7 percent; foreign-investment enterprises, 14.3 percent; incorporations and stock-holdings, 13.8 percent; private and other economic forms, 14.3 percent, all higher than the province's average. Since 1999, the investment put in technological reforms has been increasing 20 percent each year. The characteristic industrial parks and bases have become effective carriers of the province's industrial and technological reforms and help upgrade the competitive ability of the local economy. With a rising competitive ability on the market, the province's  raditional industries have increased its market share in the country. During the first 11 months of 2001, profits made out of Zhejiang's textile, garment, leather and machinery industries occupied 34.5 percent, 32.1 percent, 30.1 percent and 27 percent respectively of the nation's total in the corresponding period. At the same time, Zhejiang Province has been focusing on building high-and-new-tech industries, with the realized added output value of 31.05 billion yuan in the year, an increase of 13.8 percent over the last year. The export of high-and-new-tech products rose 46.0 percent.

Agricultural output value: Since the market-centered system for grain purchase and sale was put into practice in 2001, the province has built grain-producing bases in other provinces and further improved its local storage facilities. While reducing grain production remarkably, the province has expanded the farming of economic crops. Meanwhile, it encourages the farmers to design their production according to the market demand and pay attention to efficiency. The province has 1,,939 hectares of cultivated land for grain production, a 15.7 percent decrease compared with the previous year. The acreage for economic crops has increased 6.6 percent, of which the land for high-profit economic crops, such as vegetables and melons, medical materials and flowers, has increased by11.4 percent, 19.0 percent and 76.2 percent respectively. Animal husbandry and aquaculture have developed favorably, with the total meat output reaching 1.271 million tons and the total aquaculture output, 1.39 million tons, an increase of 8.3 percent and 7.0 percent respectively compared with the previous year. The restructuring of agriculture made the rural residents' income from farming grow for the first time since 1997, and their average per capita annual income has reached 990 yuan, an increase of 3.8 percent.

Foreign trade: Although the global market has been sloppy, Zhejiang's foreign trade expands, owing to the province's effective measures to strengthen the support for the export enterprises. The total turnover of the import and export reached US$32,800 million, an increase of 17.8 percent over the previous year, with US$9,820 from import, an increase of 17.1 percent, and US$23,000 from export, an increase of 18.2 percent, and 6.2 percent more than the planned target. According to the status of the latter half of the year, the growth of the foreign trade fell, but the export in the third quarter kept increasing month after month. The export of September set the record in history. The export to the United States, Africa, and Latin America kept relatively rapid growth, with the increasing scope of 21.4 percent, 30.3 percent and 30.3 percent respectively. The increase of industrial export turnover occupied 29.9 percent of that of the province's total industrial sales output value.

Foreign investment: The province approved 2,310 foreign funded enterprises in 2001, their contracted investment totaling US$5,002 million, of which US$2,210 having been put into the place. These figures increased 99.9 percent and 37.1 percent respectively over the previous year.

Pillar industries: Textile, garment, leather, machine-making, electronics and telecommunicating equipment, petrochemistry and pharmacy.

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