Economy

In 2020, the regional GDP amounted to 180.3 billion yuan, total fiscal revenue 30 billion yuan, general public budget revenue 16.8 billion yuan and fixed assets investment 63.5 billion yuan. Gongshu has attracted top enterprise projects like AstraZeneca China Eastern Division Headquarter、 Institute of Computing Technology, Chinese Academy、SF Express、360 Qihoo Science and Technology Co. Ltd、58 Information Technology Co. Ltd, etc. It has also owned 75 buildings with over 100 million yuan annul revenue respectively, 19 listed companies, 50 Financial Institution headquarters above provincial levels and 30 percent value added financial products in Hangzhou. Auto-featured Business Street along Shixiang Road, Shenban Road and Shaoxing Road has gathered 70 percent auto trade business in Hangzhou; high quality business complexes like Hangzhou Building, Kerry Center, Zhongliang Joy City and Grand Canal Place and special flavor streets for gourmet and shopping like Xiaohezhijie, Qiaoxizhijie and Dadou Road are well known in Hangzhou. The total retail sales of social consumer goods has reached 115,5 billion yuan, ranking the first place in the Zhejiang province.

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