{"id":32561,"date":"2024-12-26T14:00:00","date_gmt":"2024-12-26T14:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4586157_CN86157_0"},"modified":"2024-12-26T14:00:00","modified_gmt":"2024-12-26T14:00:00","slug":"unlocking-the-great-economic-vitality-in-small-counties","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=32561","title":{"rendered":"Unlocking the &#8220;great&#8221; economic vitality in &#8220;small&#8221; counties"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">BEIJING<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 26, 2024<\/span><\/span> \/PRNewswire\/ &#8212; A news report by&nbsp;China.org.cn on <span class=\"xn-location\">China&#8217;s<\/span> county economy:<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2223\" align=\"center\" readability=\"7\">\n<p title=\"Unlocking the \u201cgreat\u201d economic vitality in \u201csmall\u201d counties\"><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/f1N70cuB0MU\" frameborder=\"0\">&amp;amp;amp;amp;amp;amp;nbsp;<\/iframe><br \/><span>Unlocking the \u201cgreat\u201d economic vitality in \u201csmall\u201d counties<\/span><\/p>\n<\/p><\/div>\n<p>The Christmas and New Year shopping carnival has arrived again. While, in eastern <span class=\"xn-location\">China&#8217;s<\/span> Yiwu, the hustle and bustle already began months ago. As the largest hub for the world&#8217;s Christmas decorations, Yiwu provides more than 20,000 types of Christmas items for over 100 countries and regions every year. Since mid-summer, international merchants have been flocking there, crowding the shops in Yiwu.<\/p>\n<p>Yiwu, as a small county-level city, has shaped its own unique development path based on its own strengths and with the help of policy support. Now, it is home to multiple specialized market clusters with modern logistics campuses. Last year, the city&#8217;s GDP exceeded <span class=\"xn-money\">200 billion yuan<\/span> (about <span class=\"xn-money\">28 billion USD<\/span>) for the first time.<\/p>\n<p>Yiwu is a microcosm of the many Chinese county-level administrative divisions in the &#8220;<span class=\"xn-money\">100-billion-yuan<\/span>-GDP club.&#8221;<\/p>\n<p>Back in 2013, only nine counties and county-level cities had such a GDP scoresheet. Ten years later, the number has reached 59 according to the latest statistics. Represented by Yiwu and its like, the rapid progress in the county economy has denoted the vitality of <span class=\"xn-location\">China&#8217;s<\/span> whole economy.<\/p>\n<p>We can start with numbers to back the conclusion up. <span class=\"xn-location\">China<\/span> now has 2,844 county-level administrative divisions, with their economic output accounting for about 40% of the country&#8217;s total GDP. While, the 59 counties in the &#8220;<span class=\"xn-money\">100-bln-yuan<\/span>-GDP club&#8221; alone have contributed 7.6% of the country&#8217;s GDP, and more than 10% of the country&#8217;s output value of industrial enterprises above the designated size.<\/p>\n<p>Moreover, the counties and county-level cities are witnessing industrial transition and upgrading. In an automobile production workshop in Feixi County, <span class=\"xn-location\">Anhui Province<\/span>, the production line churns out a new energy vehicle every 58 seconds; the county is now the hub for over 100 companies along the industrial chain of new energy vehicles. In Shouguang County, which is known as the &#8220;vegetable capital&#8221; of <span class=\"xn-location\">China<\/span>, a smart campus measuring more than 23,000 mu (about 3,788 acres) has been built in collaboration with over 40 scientific research institutions. In accelerating industrial innovation and cultivating new industries, the county economy has exemplified new potential for growth.<\/p>\n<p>What&#8217;s more notable is how consumption in counties and county-level cities is bolstering domestic demand. In recent years, an array of tea beverage, dining, and fashion brands have mushroomed in the counties. In 2023, one-third of newly opened cinemas are in counties and county-level cities; coffee consumption is growing even faster than in first-tier cities such as <span class=\"xn-location\">Beijing<\/span>, <span class=\"xn-location\">Shanghai<\/span> and <span class=\"xn-location\">Guangzhou<\/span>; more than 60% of the <span class=\"xn-money\">100-bln-yuan<\/span>-GDP counties enjoy a consumption capacity higher than the national average. Besides, more and more young Chinese are traveling to counties. For example, Anji County in <span class=\"xn-location\">Zhejiang Province<\/span> has branded its ecological tourism, attracting numerous tourists with its &#8220;Sea of Bamboo in <span class=\"xn-location\">China<\/span>&#8221; and Hello Kitty Park; Liuyang in <span class=\"xn-location\">Hunan Province<\/span> has built its own tourism brand by hosting the China Liuyang International Fireworks Festival. One can say, the county economy is turning into a significant growth driver for domestic demand.<\/p>\n<p>In <span class=\"xn-location\">China<\/span>, &#8220;county&#8221; is a different concept than that in western countries. Chinese county-level administrative divisions cover primarily and mainly the rural areas. Therefore, what we see as a positive momentum in the county economy, is to a great degree the fruits of <span class=\"xn-location\">China&#8217;s<\/span> rural revitalization. Some also believe that it&#8217;s living proof of <span class=\"xn-location\">China&#8217;s<\/span> ever-growing solid economic foundation.<\/p>\n<p>The recently convened Central Economic Work Conference proposed to vigorously boost county economies, and placed &#8220;expand domestic demand on all fronts&#8221; at the top of its agenda. Amid complexities, by growing local specialty industries, strengthening talent pool building, and improving local business environment, even the seemingly smallest counties will unleash gigantic vitality.<\/p>\n<p><b><i>China Mosaic&nbsp;<br \/><\/i><\/b><i><a href=\"http:\/\/chinamosaic.china.com.cn\/index.htm\" target=\"_blank\" rel=\"nofollow noopener\">http:\/\/chinamosaic.china.com.cn\/index.htm<\/a> <br \/><\/i><b><i>Unlocking the &#8220;great&#8221; economic vitality in &#8220;small&#8221; counties<br \/><\/i><\/b><i><a href=\"http:\/\/www.china.org.cn\/video\/2024-12\/26\/content_117630805.htm\" target=\"_blank\" rel=\"nofollow noopener\">http:\/\/www.china.org.cn\/video\/2024-12\/26\/content_117630805.htm<\/a>&nbsp;<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, Dec. 26, 2024 \/PRNewswire\/ &#8212; A news report by&nbsp;China.org.cn on China&#8217;s county economy: &amp;amp;amp;amp;amp;amp;nbsp;Unlocking the \u201cgreat\u201d economic vitality in \u201csmall\u201d counties The Christmas and New Year shopping carnival has arrived again. While, in eastern China&#8217;s Yiwu, the hustle and bustle already began months ago. As the largest hub for the world&#8217;s Christmas decorations, Yiwu [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-32561","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Unlocking the &quot;great&quot; economic vitality in &quot;small&quot; counties - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=32561\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unlocking the &quot;great&quot; economic vitality in &quot;small&quot; counties - My Blog\" \/>\n<meta property=\"og:description\" content=\"BEIJING, Dec. 26, 2024 \/PRNewswire\/ &#8212; A news report by&nbsp;China.org.cn on China&#8217;s county economy: &amp;amp;amp;amp;amp;amp;nbsp;Unlocking the \u201cgreat\u201d economic vitality in \u201csmall\u201d counties The Christmas and New Year shopping carnival has arrived again. While, in eastern China&#8217;s Yiwu, the hustle and bustle already began months ago. As the largest hub for the world&#8217;s Christmas decorations, Yiwu [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=32561\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-26T14:00:00+00:00\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Unlocking the &#8220;great&#8221; economic vitality in &#8220;small&#8221; counties\",\"datePublished\":\"2024-12-26T14:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561\"},\"wordCount\":652,\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561\",\"name\":\"Unlocking the \\\"great\\\" economic vitality in \\\"small\\\" counties - My Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\"},\"datePublished\":\"2024-12-26T14:00:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=32561#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Unlocking the &#8220;great&#8221; economic vitality in &#8220;small&#8221; counties\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\",\"name\":\"My Blog\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\",\"name\":\"admin_tony\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"caption\":\"admin_tony\"},\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?author=8\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Unlocking the \"great\" economic vitality in \"small\" counties - My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=32561","og_locale":"en_US","og_type":"article","og_title":"Unlocking the \"great\" economic vitality in \"small\" counties - My Blog","og_description":"BEIJING, Dec. 26, 2024 \/PRNewswire\/ &#8212; A news report by&nbsp;China.org.cn on China&#8217;s county economy: &amp;amp;amp;amp;amp;amp;nbsp;Unlocking the \u201cgreat\u201d economic vitality in \u201csmall\u201d counties The Christmas and New Year shopping carnival has arrived again. While, in eastern China&#8217;s Yiwu, the hustle and bustle already began months ago. As the largest hub for the world&#8217;s Christmas decorations, Yiwu [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=32561","og_site_name":"My Blog","article_published_time":"2024-12-26T14:00:00+00:00","author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=32561#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=32561"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"Unlocking the &#8220;great&#8221; economic vitality in &#8220;small&#8221; counties","datePublished":"2024-12-26T14:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=32561"},"wordCount":652,"articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=32561","url":"https:\/\/transmediavictoria.net.au\/?p=32561","name":"Unlocking the \"great\" economic vitality in \"small\" counties - My Blog","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/#website"},"datePublished":"2024-12-26T14:00:00+00:00","author":{"@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"breadcrumb":{"@id":"https:\/\/transmediavictoria.net.au\/?p=32561#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/transmediavictoria.net.au\/?p=32561"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/transmediavictoria.net.au\/?p=32561#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/transmediavictoria.net.au\/"},{"@type":"ListItem","position":2,"name":"Unlocking the &#8220;great&#8221; economic vitality in &#8220;small&#8221; counties"}]},{"@type":"WebSite","@id":"https:\/\/transmediavictoria.net.au\/#website","url":"https:\/\/transmediavictoria.net.au\/","name":"My Blog","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/transmediavictoria.net.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7","name":"admin_tony","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","caption":"admin_tony"},"url":"https:\/\/transmediavictoria.net.au\/?author=8"}]}},"_links":{"self":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/32561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32561"}],"version-history":[{"count":0,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/32561\/revisions"}],"wp:attachment":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}