Bao'an District's competitiveness ranks fourth in country

A lakeside ecological greenway along the Shiyan Lake. File photo

Bao’an District has climbed to fourth place in the 2024 China’s Top 100 Districts by Comprehensive Competitiveness, improving by one position compared to the previous year, according to the China County-Level Development Monitoring Report 2024.

The report utilizes a comprehensive monitoring and evaluation index system that covers economic strength, scientific and technological innovation, green development, people's livelihood and well-being, and county (district) governance.

Bao’an District's GDP has seen a significant growth, increasing from 384.7 billion yuan (US$53.01 billion) in 2020 to 520.2 billion yuan in 2023. In the first three quarters of this year alone, the district's GDP reached 382.957 billion yuan, reflecting a year-on-year growth of 6.8%.

Currently, Bao’an District boasts over 7,229 national high-tech companies, a figure that has placed it at the top of the country’s counties and districts for seven consecutive years. The district has also developed 685 innovation platforms of various types, including eight that are recognized at the national level.

In the realm of green development, Bao’an has made concerted efforts to manage volatile organic compounds (VOCs). As a result, three industrial companies in Bao’an have been awarded special subsidies for their contributions to VOC reduction.

Additionally, the district has constructed a total of 796.2 kilometers of greenways, hiking trails, and walking paths. Since 2021, Bao’an had added 141,000 new school places for compulsory education.