Local governments lower GDP targets
By Jing Shuiyu and Xin Zhiming | China Daily | Updated: 2019-01-31 07:31
Nation's economic development sees more balanced growth among regions
China's local governments have lowered their GDP growth targets for this year following the release of their growth figures last year, leaving more room for economic restructuring to seek high-quality development.
By Monday, 30 of China's 31 mainland provinces, municipalities and autonomous regions had released their GDP growth figures, with South China's Guangdong province leading the nation to achieve a GDP scale of 9.73 trillion yuan ($1.4 trillion) last year, followed by Jiangsu province, whose GDP totaled 9.26 trillion yuan, according to local statistics bureaus.
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