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Gongshu records all-respect growth in 14th Five-Year Plan period

The Grand Canal| Updated: January 8, 2026 L M S

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Hangzhou's Gongshu district has rounded out the 14th Five-Year Plan (2021-25), with its progress going far beyond economic growth!

Highlights: 

1. Economic Growth: GDP in 2025 is projected to surpass 230 billion yuan ($32.92 billion).

2. Innovation: R&D spending grew over 9% annually.

3. Culture: thriving local cultural industries; the Grand Canal National Culture Park is nearing completion.

4. Lifestyle: increasing community service stations; community canteens total 126.

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