Lanzhou New Area's GDP registered a growth of over 13 percent in the first three quarters of this year, spearheading the national-level new area's high-quality development for five consecutive years.
An aerial view of the Lanzhou New Area [Photo provided to Lanzhou.gogansu.com]
Specifically, its industrial added value above the designated size increased by 19.4 percent year-on-year, with its fixed asset investment rising by 21 percent and the import and export trade volume rising by 13.3 percent. The number of market players also saw an increase of 14.5 percent.
This year marks the 10th anniversary since the establishment of the Lanzhou New Area. It has insisted on attracting powerful enterprises and promoting project construction. A large patch of new material projects are all in full swing, such as the Hailiang Group, a high-performance copper alloy product provider, and the Baowu Carbon Technology Co, a new-type carbon material company.