On January 6, at the fourth session of the Fifth People's Congress of Chenzhou City, the report of Chenzhou Municipal Government on the implementation of the national economic and social development plan 2019 and the national economic and social development plan 2020 (Draft) was printed and distributed in written form to all the deputies for examination.

The report showed that since 2019, the Chenzhou Municipal People's government has thoroughly implemented Xi Jinping's new socialist ideology with Chinese characteristics and the decision and arrangements of the central and provincial governments; made great efforts to build a "new growth pole" in Hunan Province, vigorously implemented the general strategy of "innovation leading, opening up and rising" and "industry leading, all-round development", and vigorously promoted high-quality development. The city's economic operation maintained a good momentum of overall stability, steady progress and steady improvement. The effectiveness, coordination and sharing of development have been further improved, and people's sense of gain, happiness and security have been continuously improved. The implementation of the plan is generally good, and the city's GDP is expected to increase by 8.2 percent in 2019, 0.2 percentage higher than the upper limit of the plan.

According to the report, in 2019, Chenzhou's economic operation was generally stable and the industrial structure was constantly optimized; the project construction was fully developed and the internal and external demands were continuously expanded; the reform and innovation were further promoted and the development vitality was constantly released; people's livelihood security continued to be strengthened, and people's sense of gain continued to be improved. The city has achieved 77800 new urban jobs, achieving the annual goal of 129.6 percent; 406 poverty alleviation workshops have been built, and 17300 jobs have been developed; the per capita disposable income of all residents has increased by 8.8 percent year-on-year, 0.8 percent higher than the plan.

According to the report, in 2020, the main expected goals of Chenzhou's economic and social development are as follows: GDP growth of 7.5 percent - 8 percent, added value of scale industry growth of about 7.5 percent, fixed asset investment growth of 10.5 percent, total retail sales of social consumer goods growth of 10.5 percent, local financial revenue growth of 4 percent - 5 percent, research and development funds investment accounted for 2.3 percent of GDP, added value of high-tech industry growth of about 11 percent year-on-year, total foreign trade import and export growth of more than 10 percent, actual utilization of foreign capital growth of 10 percent, poverty alleviation of 11000 people, etc.