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GDP in First Three Quarters up 11%
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  Reading:707  Origin:Guangzhou Cucheng Service Group  Refresh time:2011-10-21  
 
   

Guangzhou Mayor convened a conference on October 18 to review the city's economic situation in the third quarter of the year. At the conference, officials evaluated the progress of efforts to achieve the year's economic growth targets, identified weaknesses, and made arrangements for subsequent stages.

 

Guangzhou recorded an estimated GDP of RMB 890 billion in the first three quarters of the year, up 11 percent year-on-year. Mayor Wan required officials to strive for the highest possible GDP growth while ensuring the minimum GDP growth of 11 percent. He also called upon officials to fulfill the ten public livelihood enhancement programs and to concentrate efforts on programs whose progress has faltered. Moreover, he required officials to go all out to ensure the attainment of the target for the current stage by the end of the year on schedule and with quality.

 

Statistics show that Guangzhou registered a GDP of RMB 890 billion in the first quarters of the year, representing an increase of 11 percent year-on-year. The growth of the city's financial revenue has also increased. In the same period, Guangzhou's local general budgetary revenue surged 20.7 percent to RMB 72.277 billion.

 
 
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