Fujian sets 6% GDP growth target

Cranes in position to pluck containers off a cargo ship dock at Xiamen Port. [Photo/China Daily]

East China's Fujian province's gross domestic product (GDP) was initially estimated to have surpassed 5 trillion yuan ($739.92 billion) in 2022 and the province has set a GDP growth target of around 6 percent for 2023, according to the provincial government work report delivered on Jan 11 at the annual session of the provincial people's congress.

According to the report, data from the initial estimate indicated that in 2022, the province's investment in fixed assets increased by 7.5 percent, total retail sales of consumer goods increased by 3.2 percent, exports increased by more than 11 percent, the per capita disposable income of urban residents and rural residents increased by about 5.2 percent and 7.6 percent, respectively. The surveyed urban unemployment rate was 5.1 percent and consumer price index (CPI) rose by around 1.9 percent.

The report also listed major economic and social development goals for this year, including increasing the investment in fixed assets by 6 percent, boosting exports by 7 percent, limiting the surveyed urban unemployment rate to around 5.5 percent, containing the CPI at around 3 percent, and keeping the total grain output above 5.07 million metric tons.