The Research Committee of Small and Medium-sized Cities of China City Economics Association, the Strategic Development Institute of the Small and Medium-sized Cities and the Scientific Development Indexes of the Small and Medium-sized Cities in China have recently published the research results of the Scientific Development Index of China's Small and Medium-sized Cities on People's Daily. Pinghu has been respectively listed among 2017 national top 100 small and medium-sized cities in terms of comprehensive strength and 2017 national top 100 counties in terms of new urbanization quality.
It is known that the national small and medium-sized city science development index research is based on the new development concepts, namely the economic development, social progress, environment-friendly and government efficiency to conduct evaluations on cities, counties, municipal districts with relatively independent space and those towns with relatively good development foundations and have the conditions to build into a "city". Through comprehensive evaluation, Pinghu has ranked number 45 among the top 100 small and medium-sized cities in terms of comprehensive strength.
Pinghu’s being selected the top 100 small and medium-sized cities in terms of comprehensive strength results from the city's economic strength of the continuous improvement. According to the statistics provided by the Municipal Bureau of Statistics, in 2016 the city's economic development achieved two breakthroughs for the first time. One is that we achieved the GDP of 51.11 billion RMB, which is the first time it has exceeded 50 billion RMB. Calculated at comparable prices, it has increased by 6.6% in comparison with the last year. According to the resident population, the per capita GDP is 74,909 RMB, equivalent to 11,278 USD. In accordance with international practice, per capita GDP reaching 10,000 US dollars has marked that a country or region of economic and social development has started to enter the "developed state." The other breakthrough is that we achieved total fiscal revenue of 10.08 billion RMB, which is the first time it has exceeded 10 billion RMB. Meanwhile, in the industrial structure, the city's three industrial structure adjustments are 3.1:57.4:39.5, among which the industrial economy is quite outstanding. The large scaled industry has realized the main business income of 81.9 billion RMB, which has increased by 9.7%; profits and taxes total up to 7.13 billion RMB with an increase of 36.0%; total profit reaches 4.37 billion RMB with an increase of 53.7%. This year, the city's economy showed a trend that "stable foundation is more consolidated, good situation is more obvious". The "2 +2 +2" industrial system is to let the city's industrial economy march onto a more refined transformation of the road while the large scaled industry will exceed 100 billion.