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2021 Baotou Government Work Report

Updated: 2021-03-10

Key figures for 2020

Gross domestic product: +3.0%

Total retail sales of consumer goods: -4.7%, with the rate of decline narrowing by 9.8 percentage points from retail sales during the first half of 2020

General public budget revenue from Jan to Sep: -10.1%

Added value of industrial enterprises above a designated scale: +11.0%

Fixed assets investment: +1.6%

Burden reduction for enterprises: 8.3 b yuan ($1.25 b)

Subsidies to stabilize employment: 640 m yuan

Major goals in the city's 14th Five-Year Plan (2021-25)

Creating four industrial bases for new materials, modern energy, modern equipment manufacturing, and farming and animal food products

Building two centers of the regional service sector and regional innovation

Constructing new hub of economic opening-up

Forming modern economic system

Growth targets for 2021

Gross Domestic Product: +7%

Fixed assets investment: +10%

Total retail sales of consumer goods: +8%

General public budget revenue: +6%

Registered urban and rural unemployment rate: less than 3.9%

Consumer price rate of increase: less than 3%