The third session of the 13th Ningxia Hui Autonomous Regional People's Congress opens in Yinchuan on Jan 19. [Photo/WeChat account of Ningxia Daily]
The third session of the 13th Ningxia Hui Autonomous Regional People's Congress opened in Yinchuan on Jan 19, where deputies gathered to review economic and social development achievements and discuss further development strategies.
Out of 416 expected deputies, 397 attended, meeting the legal quorum.
During the session, the annual government work report was unveiled. The execution of the 2024 economic and social development plan and the draft plan for 2025, as well as the reports on the execution of the 2024 regional and local budgets and the draft budgets for 2025, were submitted for review.
The government work report summarized six key areas of work over the past year: achieving economic growth against the trend, enhancing reform and opening up, accelerating ecological construction, optimizing urban-rural development, improving people's livelihoods, and strengthening government efficiency.
In 2024, Ningxia's GDP grew 5.4 percent, ranking sixth nationwide. The primary industry's added value increased 6.2 percent, ranking fourth nationally, while the secondary industry saw a 7-percent increase, ranking fifth.
The added-value of industries above designated size grew 9.6 percent, ranking third. Fixed asset investment rose 7.9 percent, also ranking third. Retail sales of consumer goods increased 5 percent, ranking sixth, and local general public budget revenue grew 2.8 percent. All these indicators were above the national average.
For 2025, the main targets include a GDP growth of around 5.5 percent and growth rates in added value of the primary, secondary, and tertiary industries of around 5.5 percent, 6 percent, and 5 percent, respectively.
Meanwhile, the added-value of industries above designated size is projected to increase around 6.5 percent, fixed asset investment about 6 percent, retail sales of consumer goods around 5 percent, and local general public budget revenue around 3 percent.
Additionally, the per capita disposable income of all residents is expected to grow around 6 percent, with the urban surveyed unemployment rate kept at around 5.5 percent and the consumer price index increase kept at around 2 percent.
The targets for resource and energy consumption and environmental quality during the 14th Five-Year Plan Period (2021-25) are expected to be fully achieved.