Shenzhen's GDP is expected to grow by 10 percent each year from 2011 to 2015 and reach 1.5 trillion RMB (227.28 billion USD) in 2015, according to city officials. The per capita GDP will exceed 20,000 USD in 2015 and the local government budgetary revenue will reach 160 billion RMB, officials said.
City officials plan to build 12 bases for strategic emerging industries including biotechnology, new energy, new materials, cultural creation, and new-generation information technology. More than 10 billion RMB in government financing will be spent on these new industries. The scale of strategic emerging industries will exceed 1 trillion RMB in 2015 while added value is expected to exceed 300 billion RMB.
Officials said the city will also transform itself into a national finance center and global logistics hub. The added value of the finance industry will account for about 15 percent of GDP in 2015. The logistics industry will exceed 10 percent of GDP.
Meanwhile, the city's pension insurance is expected to cover more than 95 percent of the city's employees in 2015 with improved medical insurance compensation.
An estimated 150,000 students will receive higher education in Shenzhen by 2015. Gross higher education admission rates for Shenzhen hukou holders will reach 55 percent. A total of 25,000 new high school places will be added and more than 95 percent of city kindergartens will reach city standards by 2015.
The city also plans to accelerate the building of nine new hospitals including Baohe Hospital, Xin'an Hospital and eight hospital expansions including the Shenzhen People's Hospital Medical Building. A total of 15,000 beds will be added in five years and the doctor per head of population ratio will reach 2.6 per 1,000 while the ratio of hospital beds will be 3.4 per 1,000.
