Achieving GDP of $552 billion in five years

JINAN: The province of Shandong is targeting a gross domestic product (GDP) of 4 trillion yuan ($552 billion) by 2012, with per capita GDP up to $5,000, acting governor Jiang Daming said yesterday.

In his report to the first session of the 11th Shandong people's congress, Jiang said the province is aiming for an average GDP growth rate of 10 percent in the coming five years.

Last year, its GDP rose to 2.6 trillion yuan, with a per capita GDP of more than $3,866 - both 2.5 times those of 2002.