Strong trade figures and industrial reforms will carry the robust
economy of Guangzhou, capital of South China's Guangdong Province,
through the coming five years, according to Mayor Lin Shusen.
In his work report
delivered to the municipal People's Congress yesterday, Lin
vowed to duplicate the double-digit economic growth achieved
during the past five years.
Guangzhou's gross
domestic product (GDP) reached 238.3 billion yuan (US$28.7
billion) last year.
Lin set a target
of annual GDP growth of 12 percent over the next five years.
Per capita GDP is expected to exceed 64,000 yuan (US$7,700)
by 2005.
The information
industry may account for at least 15 percent of GDP in 2005.
By that time it is estimated the city will have 2.5 million
Internet users, about a quarter of the city's population.
Other main growth
engines will be foreign trade, which exceeded US$23.38 billion
last year and has risen 21.7 percent year-on-year, and the
lucrative services sector, which is expected to soon account
for 55 percent of the GDP.
"Continuous
reforms and innovations in the system will guarantee a bright
outlook for the city," Lin said.
In order to prepare
for the impending entry into the World Trade Organization,
improvements are predicted to take place in the industrial
sector, the social security system, the legal system and government
administration.
The mayor admitted
the municipal government faces a tougher challenge than economic
issues: the improvement of living standards.
According to his
work report, Guangzhou will aim to become one of the leading
Chinese cities in which to live, despite its current problems
with pollution and the high density of its population.
In five years,
the city aims to cover 35 percent of its urban areas with
parkland, offer at least 10 square meters of parkland for
each resident, and control air and water pollution.
"The focus
will move from material benefits to people's living quality.
This shows the progress in the administrative ideology of
the municipal government," said Zhang Sui, a deputy from
Yuexiu District.
From 1995 to 2000,
Guangzhou had taken a lead among China's cities in increasing
its GDP by an average annual rate of 13.1 percent.
The city has pumped
61 billion yuan (US$7.35 billion) into roads, railways and
other city facilities to ease the pressure caused by the ballooning
population.
(China Daily 02/23/2001)
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