Beijing sets annual economy growth goal at 9%
Updated: 2008-01-20 10:45
Beijing has planned its economy to grow by nine percent per year in the next five years, said vice and acting mayor of Beijing Guo Jinlong on Sunday.
Guo made the remarks while delivering a government work report at the opening of the first annual session of the Beijing People's Congress, the legislature.
He said the city aimed to realize a $10,000 per capita gross domestic product (GDP) in 2012, up from the current $7,000.
Beijing saw an annual 12 percent economy growth in the past five years, increasing its GDP from 433 billion yuan ($60 billion) in 2002 to 900 billion yuan in 2007, the official added.