To boost the county economy is a major task of comprehensively building a moderately well-off society listed in the 16th National Congress of CPC. In the 17th National Congress of CPC, the importance of boosting county economy was further stressed on the strategic height of overall development of urban & rural areas. In recent years, it was an important strategic measure for Chenzhou government to accelerate the development of county economy to improve the coordinated development of urban & rural areas, promote socialist new rural construction, build a harmonious society and moderately well-off society. With the deepen implementation and forceful promotion, Chenzhou county economy scale and structure are improving greatly.
The general situation for Chenzhou county economy development
The total output value of Chenzhou counties amounted to 108.18 billion yuan in 2010, with a growth of 60.6 billion yuan compared with 2005, up 11.6% annually. The three industrial structures rates were adjusted from 17.1：47.5：35.4 to 11.7：54.9：33.4.
1. The rural economy is improving steadily
In recent years, all the counties in Chenzhou city were market-oriented with the science and technology drive to enhance the agricultural economy structure adjustment, improve the high-quality, high-yield, high-efficiency and featured agriculture, carry out the transformation and appreciation of agricultural product processing, cultivate the new product, accelerate industrialization, and improve agricultural economy. Some high quality agricultural processing brands became popular nationwide. 163 agricultural leading enterprises were upgraded to municipal levels, among which 3 and 18 were national levels and provincial levels. Compared with 2005, the agricultural added value of county economy increased from 8.15 billion to 12.675 billion yuan with an annual increase of 5.4%; the per capita income of farmers increased from 3506 yuan to 5208 yuan; per capita consumption of rural residents increased from 2716 yuan to 3511 yuan, and per capita living space of rural residents was up from 15 square meters to 38 square meters.
2. Industrial economy is increasing rapidly
In recent years, all the counties in Chenzhou city kept placing the investment attraction and industrial project construction into the first place. Many industrial projects were newly established in Chenzhou by investment and assembling. Some remarkable enterprise and famous brands were constantly emerged in Chenzhou city, which enabled Chenzhou county economy to be with even stronger strength. Compared with 2005, the county industrial added value increased from 20.66 billion yuan to 55.33 billion yuan, up 89.3% with an annual increase of 13.6%. It took 51.1% of GDP, with a growth of 6.7% compared with the percentage of 43.4% in 2005. 1140 above scale industrial enterprises were settled in Chenzhou city, including 41 large and medium-sized industrial firms, 421 enterprises with more than billions of annual output value, and 10 enterprises with more than one billion yuan annual output value. The above scale industrial added value was from 14.76 billion yuan in 2005 to 48.03 billion yuan in 2010, with an average increase of 20.5%.
3. Expansion of domestic demand gains remarkable achievements
In recent years, all the counties of Chenzhou took a series of effective policies and measures to expand domestic demand and obtained significant progress. The total retail sales of consumer goods reached 40.84 billion yuan in 2010, about 1.3 times of 2005, with an average annual increase of 18.1%. The total fixed assets of county was completed with 81.13 billion yuan , 3.2 times of 2005, with an average annual increase of 33.4%.
4. Financial strength is increasing markedly
In recent years, all the counties of Chenzhou city tried to enhance the financial resources construction to further optimize the financial resource structure and obtained effective achievements to increase the county financial strength. The county’s total fiscal revenue reached 10.78 billion yuan in 2010, over 1.5 times compared with 2005, with an average annual increase of 20.1%. Among them 6.27 billion yuan was the local fiscal revenue, which increased 1.3% compared with 2005, with an average annual increase of 18.0%.
5. Undertaking industrial transfer obtains tangible results
In recent years, all the counties of Chenzhou city took opening up as the first strategy to make full use of 34 policies concerning first trying, enhance the investment attraction strength, optimize the investment condition, actively undertake the industries from Guangdong province, Hong Kong and Macau, all of which has gained good investment attraction effects. In 2010, 2.03 million square meters of standard factories were fulfilled with a renting rate of 85%. 83 foreign investment projects were approved. 782 domestic investment projects were carried out. Paid-in foreign and domestic investment capitals reached 529 million USD and 18.218 billion yuan respectively, up 1.16 times and 2.2 times of 2005, with an average annual increase of 16.7% and 17.2%. Besides investment attraction, the counties also paid attention to the cultivation and support of export products. Different strategies were carried out in promoting the exportation, improving export-oriented economy, expanding export channels, and increasing the level of export products. With these efforts, county international trade increased rapidly. 620 million USD of county foreign trade value was reached in 2010, 1.5 times of 2005, with an average annual increase of 20.3%.