Zhejiang, a tide rider

(ezhejiang.gov.cn) Updated : 2020-04-10

Zhejiang is the birthplace of the Communist Party of China and the "Red Boat Spirit". In 1921, the first CPC National Congress was successfully held on a small boat on Nanhu Lake in Jiaxing, signifying the birth of the Communist Party of China.


[Photo/WeChat account: zjfabu]

Zhejiang was a pioneer in China's reform and opening-up. It carried out market-oriented reform more than 40 years ago, one of the first provinces in China to do so. Over the years, its private economy has achieved leapfrog growth in scale and strength, nurturing a great number of successful enterprises.

Since the reform and opening-up drive four decades ago, Zhejiang has embarked on a fast track of economic growth. Its GDP jumped from 12.4 billion yuan ($ 1.8 billion) to 6 trillion yuan in 2019, and has ranked fourth in China for 24 consecutive years. The per capita disposable income of rural residents skyrocketed from 165 yuan to 29,876 yuan in 2019. The sense of fulfillment, happiness and security among Zhejiang people has grown continuously.

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