Zhejiang Province, a cornerstone of China's southeastern economic corridor, reported robust 5.8% year-on-year GDP growth for the first half of 2025, outpacing national averages. With output reaching 4.5 trillion yuan ($620 billion), the province solidified its position as the country's fourth-largest economy.
New insights from CGTN's documentary series highlight Zhejiang's unique urban-rural integration model. Cities like Quzhou, Deqing, and Pinghu exemplify balanced development, where advanced manufacturing coexists with sustainable agriculture and rural tourism. Analysts attribute this success to tech-driven industrial upgrades and policies promoting equitable resource distribution.
Business leaders note Zhejiang's strategic location within the Yangtze River Delta has attracted over $3.2 billion in foreign investment this year alone, particularly in green energy and digital infrastructure sectors. The province's per capita disposable income grew 6.1% year-on-year, reflecting improved living standards across both urban and rural communities.
This growth comes as Zhejiang accelerates its 'Common Prosperity' initiatives, aiming to bridge development gaps through education reforms and healthcare modernization. With innovation parks multiplying in cities like Hangzhou and Ningbo, the province continues shaping Asia's economic trajectory.
