An aerial view of Fuqian village in Zhangjiagang Economic and Technological Development Zone. [Photo/zjgonline.com.cn]
The Zhangjiagang Economic and Technological Development Zone in Zhangjiagang, Suzhou, East China's Jiangsu province has seen its rural economy grow by leaps and bounds.
Forty-one villages in the development zone had 9.45 billion yuan ($1.41 billion) worth of total assets in 2021 and the annual per capita disposable income of the villagers was 47,000 yuan. The zone is aiming to increase the figure to 50,000 yuan in 2022.
To achieve economic growth, governments of the zone's sub-districts have cooperated and invested 1.1 billion yuan in launching seven real estate projects that can generate 44 million yuan every year.
Projects operated by less developed villages had also received 5 million yuan in subsidies every year from 2019-21.
In addition, the zone has developed the first town-level supervision platform in China that can help manage public properties and funds in rural areas.