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Jiaxing saw impressive economic performance in the first half of 2024, with the city's gross domestic product reaching 343.95 billion yuan ($47.28 billion), a 5.7-percent year-on-year increase.

The total output value of the city's agriculture, forestry, animal husbandry, and fishery industries exceeded 10.37 billion yuan, a 3.5-percent increase from the previous year.

The added value of enterprises above a designated size in the city's industrial sector reached 140.54 billion yuan, an 8.4-percent increase and ranking 8th in Zhejiang province. 

Key industries such as electrical machinery, chemical fiber, computer communication, textiles, and chemicals experienced robust growth, up 21.9 percent, 15.3 percent, 14.6 percent, 10.1 percent and 7.9 percent, respectively.

Traditional manufacturing industries showed strong momentum, experiencing a 16.7-percent increase in added value in the first half of the year.

The city's fixed asset investment totaled 180.19 billion yuan, with significant growth in environmental, transportation, energy, and water conservancy investments.

Retail sales of consumer goods in the city amounted to 128.68 billion yuan, an 8.4-percent uptick.

The total value of the city's imports and exports was 232.55 billion yuan, up 9.7 percent. Fiscal revenue totaled 65.6 billion yuan, with general public budget expenditure growing by 6.8 percent.

The per capita disposable income of urban residents was 39,950 yuan, up 4.8 percent, while that of rural residents was 29,774 yuan, growing by 7.1 percent. The income gap between urban and rural residents continued to narrow, highlighting Jiaxing's overall prosperity and development.