Top Biz News

Beijing expects $10,000 per capita GDP in 2009

(Xinhua)
Updated: 2010-01-08 02:11
Large Medium Small

The annual per capita GDP in Beijing was expected to top $10,000 in 2009 as the national capital expected an over 9.5 percent economic growth, said an official with the municipal economic planning agency Thursday.

Beijing expected to rake in financial revenue totaling 202.7 billion yuan ($29.8 billion), up 10.3 percent year-on-year, said Zhang Gong, head of the Beijing Municipal Development and Reform Committee.

The income of urban and rural residents were estimated to rise by 9 percent and 12 percent respectively in 2009 compared to 2008 figures, said Zhang.

Related readings:
Beijing expects $10,000 per capita GDP in 2009 China's unit GDP energy consumption cut revised to 5.2%
Beijing expects $10,000 per capita GDP in 2009 Western China sees GDP grow 12.5% from January to September
Beijing expects $10,000 per capita GDP in 2009 2008 GDP figure revised to $4.6t
Beijing expects $10,000 per capita GDP in 2009 8% GDP growth goal achievable: economist

Government policies and investment had helped boost local industries amid the global downturn, Zhang said. The city's industrial added value was expected to grow by about 8 percent and the service sector by more than 10.5 percent in 2009, accounting for 73.5 percent of Beijing overall economic strength.

Beijing also strengthened infrastructure construction in 2009 to raise its capability for sustained development, Zhang said. The length of highways and track traffic lines in operation reached 884 kilometers and 228 kilometers respectively currently. The city still has 276.7 kilometers of track traffic line under construction, he said.

The annual per capita GDP in Beijing was more than $9,075 in 2008 and the figure was $7,370 in 2007.
Specials
Columnists
China Daily E-paper