Home Facts guangzhou

Dongguan targets 8.5% GDP growth in 2011

Dongguan targets 8.5% GDP growth in 2011

Write: Srijan [2011-05-20]

The sixth plenary session of the 14th Dongguan Municipal People's Congress is held in the city's Conference Center on January 17, 2011. [Photo Source: Dongguan Daily]

Mayor Li Yuquan delivers the government work report at the sixth plenary session of the 14th Dongguan Municipal People's Congress on January 17, 2011.[Photo Source: Dongguan Daily]

Dongguan has set a goal of 8.5 percent GDP (Gross Domestic Product) growth in 2011 after attaining 10.3 percent growth in 2009, according to the city's Mayor Li Yuquan when delivering the government work report at the sixth plenary session of the 14th Dongguan Municipal People's Congress on January 17, 2011.

In 2010, Dongguan's GDP is estimated to be 424.6 billion RMB with an increase of 10.3%. The per capita GDP reaches 66,344 RMB, increasing by 14.6. Dongguan secured a 25.1 percent increase in fiscal revenue from a year ago. General budgetary revenue of local government totaled 27.8 billion RMB, up by 20.

2% over 2009. The total volume of foreign trade is 121.3 billion USD, up by 28.8%. Exports alone totaled 69.6 billion USD, an increase of 26.1%.The per capital disposable income of urban residents is 36,350 yuan while that of rural residents is 14,254 RMB, up by 10% and 9.1% over 2008 respectively.

For 2011, the city government has set the goal of 8.5 percent in GDP growth, 10 percent growth in general budgetary revenue, 9 percent growth for total investment in fixed assets, 14 percent growth in total value of consumer goods, 8 percent growth in export volume, 8 percent growth in per capita disposable income of urban and rural residents, keeping the urban registered unemployment rate no higher than 3 percent, and holding the rise in consumer prices to around 4 percent.

(By Tan Jing)