The per capita disposable income of Changsha in 2014 rose by 9.4 percent compared with the year before, according to a government report announced during the first plenary meeting of the Third Session of the 14th Changsha People’s Congress on Jan 20.

The urban and rural per capita disposable incomes of Changsha last year reached 36,000 yuan ($5,798) and 21,000 yuan respectively, increasing by 9.4 percent and 10.2 percent year-on-year.

The total financial revenue of Changsha in 2014 was 100.31 billion yuan, representing an annual growth of 13.49 percent 63.28 billion yuan of which was the public financial budget revenue, up 17.92 percent, according to the report made public by Changsha’s Mayor, Hu Henghua.

Hu said that Changsha government took lead in disclosing its “power list” and effectively boosted entrepreneurial dynamism by launching business registration reform last year.

The emerging industries played a vital role in supporting local economic development, he said. The automobile industry has become a new driving engine, with Shanghai Volkswagen new cars rolling off the assembly line in the Changsha plant, while GAC Fiat, GMMC and BYD also expand their production capacity in the city.

Furthermore, Changsha has become an important comprehensive communications hub, with a high-speed rail network boasting direct access to 16 provincial capitals.

Its sub-districts such as Changsha county, Liuyang city, and Ningxiang county was listed among the country’s top 50 counties with core competitive power in 2014. The Kaifu district, Yuelu district and Wangcheng district have also ranked among the nation’s top 100 districts in scientific development and investment potential.