Special supplement: Services seen as crucial to province's economy
By Cai Cai | China Daily | Updated: 2008-11-12 08:07
GUANGZHOU: Guangdong province has recently outlined a new development plan for the service sector, vowing it will be given top priority as the provincial government expects it to play a significant role in further economic growth.
According to the ambitious development plan, the service industry in Guangdong will account for more than 45 percent of revenues in 2010, more than 50 percent in 2012 and 60 percent in 2020.
The sector is projected to employ more than 40 percent of the province's workforce by 2010, according to local statistics.
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