(Photo provided to Xinhua Daily)
The fourth session of the 17th Suzhou Municipal People's Congress opened on January 12.
The government work report, delivered at the meeting, indicated that Suzhou’s estimated Gross Domestic Product reached 2.67 trillion yuan in 2024, marking a year-on-year growth of 6%, and positioning Suzhou as a leader among Chinese cities with a trillion-yuan GDP.
More specifically, the total output value of industrial enterprises above designated size reached 4.69 trillion yuan, with an approximate 9% increase in added value, and the city’s total foreign trade grew by about 6.9%.
Other breakthroughs were also underlined at the meeting. For instance, the city’s completed fixed asset investments reached about 610 billion yuan, including industrial investments surpassing 200 billion yuan with growth exceeding 10%. Suzhou Port recorded over 10 million TEUs, and the city’s cross-border RMB settlement amounts surpassed one trillion yuan for the first time.