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Tianjin betting on industrial restructuring for GDP growth

By Yang Cheng in Tianjin | China Daily | Updated: 2018-08-01 07:26

Tianjin will give top priority to industrial restructuring as part of the ongoing efforts by the northern port city to sustain annual GDP growth.

Tianjin's renewed focus came after its GDP growth fell to 3.6 percent last year from double-digit growth in the preceding years.

During the first six months of this year, the city's GDP edged up by 1.5 percentage points compared with the first quarter, growing 3.4 percent to reach 992.7 billion yuan ($145.7 billion), showing signs of a slight recovery.

Tianjin betting on industrial restructuring for GDP growth

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