Jiaxing's gross domestic product saw a robust 5.5-percent growth rate in the first three quarters of 2024, reaching 526.32 billion yuan ($73.84 billion).

The added value of primary, secondary, and tertiary sectors reached 9.06 billion yuan, 283.33 billion yuan, and 233.92 billion yuan, respectively, up 3.2 percent, 6.3 percent, and 4.6 percent.

The industrial sector also performed well, with enterprises above designated size increasing their value-added by 8 percent. Emerging industries, especially in strategic and digital economy sectors, outpaced the city's industrial average. The service sector also showed strong performance, particularly in transportation, warehousing, postal services, wholesale, retail, and IT services.

Jiaxing continues to attract investments, with fixed asset investment rising by 1.4 percent to 263.46 billion yuan. Infrastructure and public service investments surged, contributing to overall economic stability.

The city's retail sector saw a 6.6 percent increase in social consumer goods, reaching 190.08 billion yuan, indicating strong consumer confidence.

Jiaxing's export-import activities also flourished, with total foreign trade expanding 9.3 percent to 361.97 billion yuan. Exports reached 272.29 billion yuan, up 6.9 percent, while imports stood at 89.68 billion yuan, a rise of 17.3 percent, leading the province.

In the first three quarters, the per capita disposable income of urban residents in the city was 61,210 yuan, an increase of 3.9 percent year-on-year, while that of rural residents was 43,330 yuan, up 6.1 percent.

In addition, the gap between urban and rural residents continues to narrow. The income ratio of urban to rural residents stood at 1.41, a decrease of 0.03 compared to the same period last year.