Guangdong has 10 indices of modernization, eight of which have been achieved
in Guangzhou, with the remaining two to be met by 2010.
At a recent
municipal political consultative conference, Guangzhou Mayor Zhang Guangning
said the city would expedite the development of high-tech industries such as
software and bio-medicines and the manufacturing-orientated service industry to
maintain its fast pace of economic development.
Zhang said Guangzhou's
objective is to realize an annual software industrial output of 110 billion yuan
($14.1 billion) by 2010.
Guangzhou wants to realize a bio-medicine output
of 100 billion yuan ($12.82 billion) by 2010, turning the industry into a key
driver of the economy. This will transform the city into a technological
innovation center and a leading bio-medicine industry base in South China and
even in the entire country.
Guangzhou will make good use of its
advantages the airport, harbours and cyberport for a faster development of the
tertiary industry directed primarily towards the manufacturing
industry.
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