Third Session of the 14th Changsha People's Congress opens
The Third Session of the 14th Changsha Municipal People's Congress, the city’s legislature, opened on the morning of Jan 20, 2015 at Changsha People’s Hall.
Giving the details of the annual work report, Changsha Mayor Hu Henghua told the meeting that under the strong leadership of Changsha municipal Party Committee, the city witnessed a stable and healthy development in economy and society in 2014.
According to the report, the annual GDP of the city amounted to 781 billion yuan ($125.68 billion) in 2014, 10 percent up from the previous year; its fixed assets investment reached 543 billion yuan, increasing by 18 percent over the year before; and the fiscal revenue 100.3 billion yuan, up by 13.49 percent year-on-year.
The Third Session of the 14th Changsha Municipal People's Congress opens on Jan 20, 2015 at Changsha People’s Hall. [Photo by Chen Zheng/Changsha Evening News]
Also in 2014, the added value of industrial enterprises, whose annual business revenue is above 20 million yuan in the city, amounted to 305 billion yuan, growing by 12 percent compared with the year before. The total retail sales of consumer goods hit 316 billion yuan, 13 percent up year-on-year.
At the same time, 2014 witnessed a good start for Changsha to deepen its overall reforms, with it being approved as a National Self-dependent Innovation Demonstration Area, having entered into the era of metro, and becoming a comprehensive communication hub with the partial opening of Shanghai-Kunming high speed rail.
Hu also set targets for the city for the year 2015, such as 9.5 percent GDP growth, 11 percent fiscal revenue increase, and 16 percent rise in fixed assets investments.
Emission reduction targets for major pollutants are also included in mayor’s annual work plan for 2015.
By Zhang Qiong, edited by Mevlut Katik
Source: Changsha Evening News