What does Zhejiang economy mean?

Zhejiang economy refers to the overall economic situation and development trend of Zhejiang Province. Zhejiang Province is one of the economically developed coastal areas in China, and its total economic output ranks among the top in China. Benefiting from superior geographical location and open market environment, Zhejiang's economy is dominated by foreign trade, manufacturing and service industries, especially private enterprises, which occupy an important position in Zhejiang's economy and become an important driving force for Zhejiang's economic development.

In recent years, Zhejiang's economy has continued to improve, and the total GDP, total foreign trade and people's living standards have all improved significantly. At present, the urbanization rate of Zhejiang has reached 68%, which is one of the provinces with the highest urbanization level in China. Zhejiang is also one of the provinces with the most developed digital economy in China, and the development of e-commerce and related industries has become one of the most dynamic industries in Zhejiang economy.

In the future, Zhejiang economy will continue to focus on the concept of openness, innovation and sustainable development, and accelerate the transformation of old and new kinetic energy. In terms of manufacturing, Zhejiang will strengthen scientific and technological innovation and industrial transformation and upgrading in the fields of high-end equipment manufacturing, new materials, new energy vehicles and intelligent manufacturing. Support and cultivate emerging industries such as digital economy, cultural creativity, health services and modern logistics, build an internationally renowned smart economy and promote the high-quality development of Zhejiang's economy.