Tuesday, January 18, 2011

Han Zheng, Shanghai city's second five-projected average annual GDP growth of about 8%

 Xinhua Shanghai Jan. 16 (Xinhua Kim Ji Chou Yi) 16 in Shanghai Mayor Han Zheng of Shanghai People's Congress of the thirteenth for the fourth meeting of the government work report that the city's total production this year in Shanghai value is expected to grow about 8%,

Han Zheng said that 2011 is the implementation of Taking all factors, the city's economic and social development this year, Shanghai's main targets, the city's GDP growth of 8% of local revenues to keep pace with economic growth, the registered urban unemployment rate within 4.5%, household consumption price index with the national goal of price regulation to maintain convergence, the whole social research and experimental development expenditure is equivalent to the proportion of the city's GDP reached about 3%, the unit comprehensive energy consumption of GDP, gross output of carbon dioxide emissions to decline further, the main completion rate of pollutant emission reduction targets assigned by the State, the city's environmental protection investment is equivalent to the proportion of GDP remained at around 3%, urban and rural per capita disposable income of households to keep pace with economic growth.

Han Zheng on He said, ratio of 3.3% of GDP, strategic and emerging industry was double than in 2010; all kinds of new affordable housing supply 100 million units, accounting for financial education into the local financial expenditure to 15%.

Recalling last year's work
Han said Shanghai in 2010 to accelerate change in the mode of economic development, maintain stable and rapid economic development, economic operation quality and efficiency improved significantly. The city's GDP is expected to grow 10% over the previous year, and local revenues increased 13.1% over the previous year. Total retail sales of social consumer goods increased 17.5%, total fixed asset investment to the previous year, exports 180.8 billion U.S. dollars, a record high.

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