China's economy demonstrated a stable expansion in the first half of 2024, which was underpinned by policy incentives, a rebound in external demand, and the emergence of new quality productive forces.
Xinqiao town reported that total fapiao, or industry tax invoices, came in at 5.63 billion yuan ($774.54 million) in the year to the end of May, a 4 percent year-on-year increase.
The Jingjiang Economic and Technological Development Zone – located in Jingjiang city, in East China's Jiangsu province – experienced great economic growth last year.