Zhu Yuming, head of Huaiyin district, delivers a government repot at the Huaiyin district people's congress. [Photo/huaiyin.gov.cn]
Huaiyin district in Jinan, East China's Shandong province saw dramatic growth in 2019, with its GDP surging by 8.2 percent, according to the annual session of the Huaiyin district people's congress.
Zhu Yuming, head of Huaiyin district, delivered the government report and reviewed the achievements made over the past year on Jan 14.
The district's general public budget revenue and fixed asset investment rose by 5.1 percent and 15 percent respectively.
The added value of industries above designated size rose by 8 percent, while actual foreign capital utilization reached $81.93 million.
Last year, the district government gave aid to emerging industries and signed 83 projects worth more than 100 million yuan ($14.2 million) focusing on wide-bandgap semiconductors, healthcare and smart manufacturing.
Huaiyin also ramped up efforts to lure foreign investment and create a strong business environment. To attract more high-end skilled workers, the district released a plan which helps skilled workers buy homes in Jinan.
Zhu also announced the district's economic targets in 2020 at the meeting. Its GDP is expected to hit 57 billion yuan by 2020, and the general public budget is expected to increase to 18 billion yuan.




