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Dongguan's GDP growth set at 8% for 2010
http://www.dongguantoday.com    1/19/2010 3:03:00 PM

Liu Zhigeng, the Municipal Party Committee Secretary of Dongguan [Photo: Dongguan Daily]

Dongguan has set a goal of 8 percent GDP (Gross Domestic Product) growth in 2010 after attaining 5.3 percent growth in 2009, according to the Municipal Party Secretary Liu Zhigeng at the sixth plenary session of the 12th Dongguan Municipal Committee of the CPC on January 13, 2010.

"Dongguan has gone through the most thorough testing period last year since the Reform and Opening-Up Policy," said Liu. However, Dongguan secured a 5.3 percent growth in its GDP, a 10 percent growth in per capita GDP and a 10.5 percent increase in fiscal revenue from a year ago.

For 2010, the city government has set the goal of 8 percent GDP growth and a 10 percent growth in per capita GDP.

"Though there are signs showing that the economy is picking up since the second half of 2009, the economic stress to be confronted by Dongguan this year should not be belittled as it will be a critical year for Dongguan to overcome the economic downturn and speed up the recovery. It will also be a breakthrough year for Dongguan's industrial restructuring," added Liu.

2009 Dongguan in figures:

GDP: The GDP of Dongguan in 2009 was predicted to be 376 billion yuan, an increase of 5.3% over 2008.

Per capita GDP: 56,500 yuan, an increase of 10% over 2008

General budgetary revenue of local government: totaled 23.1 billion yuan, up by 10.5% over 2008.

Foreign investment actually used: US $2.6 billion, up by 6% over 2008

Domestic fund actually allocated: 12.12 billion yuan, up by 42.4% over 2008

Per capita disposable income of urban residents: 33,045 yuan, up by 9.1% over 2008

Per capita net income of rural residents: 13,061 yuan, up by 6% over 2008

(By Tan Jing)

Source:www.dgtoday.com.cn  Editor: Shane Michael
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