Economic growth of Changchun New Area continues to lead national new areas in Northeast China

Recently, the conference on work summary of the Changchun New Area in the first half of 2021 and work mobilization and deployment for the second half of the year was held. It is reported that in the first half of the year, the GDP of the Changchun New Area grew by 14.9 percent to 44.12 billion yuan, the output value of industries above a designated scale surged by 23.8 percent to 43.47 billion yuan, and the fixed-asset investment increased by 7.5 percent to 13.37 billion yuan. The growth rate of main indicators was higher than the provincial and municipal average levels, and continues to lead national new areas in Northeast China.

In the first year of the period covered by the 14th Five-Year Plan, the Changchun New Area systematically planned to build Changchun Beihu Science City, the Airport Economic Demonstration Zone started construction, and the work of placing Xiangshui town under the jurisdiction of the new area achieved substantial progress. The output value of the biomedical industry grew by 77.1 percent in the first half of the year, the number of industrial parks with local characteristics reached 45, and the number of market entities increased by nearly 2.5 times. Sinopharm COVID-19 vaccine, fine chemicals and new materials industrial park and other major projects were successfully implemented, the innovation and entrepreneurship ecosystem around Jilin University begun to take shape, and the first self-developed laptop rolled off the production line in the northeast. Changchun High-tech Industry (Group) Co Ltd was shortlisted for the 2021 Forbes list of China’s most innovative enterprises, Changguang Satellite Technology was rated as the only unicorn enterprise in Northeast China, and Changchun Jilin University Zhengyuan Information Technologies Co Ltd, Zonbong Environment and Changchun BCHT Biotechnology were successfully listed. The mass entrepreneurship and innovation demonstration base has been praised by the State Council for two consecutive years. The momentum, prospect, outlook, expectation and atmosphere for the development of the Changchun New Area have continued to improve.