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Fujian sets 2014 GDP growth target

( chinadaily.com.cn )

Updated: 2014-01-14

At the Second Session of the 12th Fujian Provincial People's Congress that opened on Jan 12, Su Shulin, the provincial governor, reported the work of the government and laid out the government's work for 2014 and the economic and social development goals, saying that they could have 10.5-percent growth in GDP, China Daily's local bureau has reported.

The government report review covered provincial economic and social development of the past year and said that local public revenue is expected to grow by 11 percent, fixed asset investments at 18 percent, and exports at 7 percent in 2014. The urban unemployment rate is expected to remain at or below 4.2 percent while retail sales are expected to increase 14 percent. The consumer price index (CPI) is expected to be lower than 3.5 percent, but urban incomes will go up 10 percent and rural incomes, 10.5 percent.

Su said the provincial government will make better use of consumer spending, key investments and exports for economic growth and hitting the expected target.

By Peng Juan from China Daily Fujian Bureau, and Zhao Qian

Edited by Roger Bradshaw

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