Guangzhou tempers GDP target

GUANGZHOU - This southern city plans to expand its economy by 11 percent this year after reporting a 2010 gross domestic product (GDP) worth more than 1 trillion yuan ($152 billion).

"The ultimate goal of the development is to help improve the living standard of the city's 13 million residents and make them feel happier living in the city," Guangzhou Mayor Wan Qingliang said at the local people's congress on Monday.

In his government work report, the mayor said the city's per capita GDP - or GDP divided by the number of people living in the city - will grow by 10 percent in 2011, while the growth of per capita income for urban residents will remain at 11 percent.