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Other CategoriesOn the morning of January 19, the third session of the 13th People's Congress of Ningxia Hui Autonomous Region opened in Yinchuan.
Zhang Yupu, chairman of the autonomous region, mentioned when delivering a government work report to the congress that Ningxia's annual regional GDP reached 550.3 billion yuan in 2024, an increase of 5.4%, ranking sixth in the country and exceeding the national average for 10 consecutive quarters. Per capita disposable income increased by 5.5%, ranking sixth in the country.
In addition, Ningxia vigorously carried out the "Project Investment Year Action" last year to implement more than 2,000 key projects and complete investment of more than 180 billion yuan. The Ningdong base has become the first chemical industry park in the west with an output value of more than 200 billion yuan. Retail sales of automobiles, home appliances, telecommunications, and furniture increased by 20%, 10%, 36%, and 40%, respectively. The number of tourists and tourism spending increased by 14% and 11%, respectively.
Zhang Yupu mentioned in the government work report that the main target for 2025 is to increase the gross domestic product of Ningxia by about 5.5%, and the added value of primary, secondary and tertiary industries by about 5.5%, 6% and 5% respectively. Industrial added value will grow by around 6.5%, and fixed asset investment will grow by more than 6%. Total retail sales of consumer goods will increase by around 5%. Increase the revenue of local general public budgets by around 3%; Increase per capita disposable income by around 6%. The rise in the consumer price Index (CPI) will be kept at around 2%.
