Guangdong's growth target 'signals shift in industry'

GUANGZHOU: Guangdong province, the country's economic powerhouse, has forecast a 9 percent GDP growth this year, a government work report said on Friday.

"After a tough year of tackling the global financial crisis, we will attach more importance to upgrading industrial structure to realize the goal this year," Huang Huahua, governor of Guangdong, said in a government report.

Guangdong, which has traditionally relied on foreign trade and manufacturing industries for economic development over the past three decades, realized a 9.5 percent GDP growth last year.