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Jinhua towns among China's top 100 counties in investment potential

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chinadaily.com.cn| Updated: May 7, 2022

Five towns administered by Jinhua, East China's Zhejiang province, were included on the "China's Top 100 Counties for Investment Potential in 2021" list, according to recent local media outlets.

The list, created by the China Committee of 100 of Digital Economy and Urtrust ThinkTank, took into account counties' achievements in investment promotion, as well as key factors affecting future investment such as industrial foundation, high-end elements, and carrying capacity.

Yiwu, renowned for its small commodity trade, took third place on the list. Dongyang, Yongkang, Lanxi and Pujiang ranked 22nd, 29th, 44th and 64th, respectively.

In recent years, Yiwu has been promoting the development of equipment manufacturing and strategic emerging industries and striving to optimize its business environment.

In 2021, Yiwu's total industrial output value above designated size increased by 66.7 percent yearly to 116.37 billion yuan ($17.38 billion). The output value of sales totaled 116.95 billion yuan, an increase of 70.3 percent year-on-year.

This was the first time that Yiwu saw its GDP exceed 100 billion yuan, according to officials.

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