With the development of the nation’s economy and the rise of citizen income, Harbin urban markets are thriving and stable. The total retail sales of social consumer goods reached 207.04 billion yuan ($33.4 billion).
Pinpointed as a key year to help implement key investment projects, 2011 saw Harbin complete projects worth 301.2 billion yuan in fixed assets investment, an increase of 32.1 percent year-on-year.
Harbin’s local financial strength has continued to grow with the development of its economy. At the end of 2011, the general budgetary revenue of Harbin reached 30.03 billion yuan ($4.84 billion).
Harbin’s Xiangfang district is bringing city administration into the digital age, establishing the first WeChat city administration monitoring platform in Heilongjiang province.
Harbin has issued a guideline to promote the rapid and sound development of its advertising industry.
The Harbin government has issued new guidance to promote the integration of industrial development in the city's rural areas.
The Harbin city government will allocate 1 billion yuan ($1.45 billion) to a fund for supporting the industrial development of its New District.