Housing price, jam still harass Beijing
0 
Changing growth pattern
The mayor said Beijing will target an 8-percent per annum GDP growth rate in the 2011-to-2015 period.
"Beijing will slow its growth rate to create a sound environment for a shift in the growth pattern, focusing on quality and efficiency rather than sheer quantity of development," said Guo.
Beijing's economic growth will go, hand in glove, with the improved livelihood of the people, he said.
While maintaining stable GDP growth, Guo said Beijing will keep its unemployment rate below 2.5 percent and rein in its CPI to around 4 percent.
He also said the city will achieve a 7-percent rise in income for urban and rural residents and a 9-percent rise in fiscal revenue.
Meanwhile, the city will strive to reduce both energy consumption and carbon dioxide emissions per unit of GDP by 3.5 percent, Guo said.
The city will also work to reduce water consumption by 4 percent, Guo added.
In the 2006-to-2010 period, Beijing reported average annual GDP growth of 11 percent. Its per capita GDP topped 10,000 U.S. dollars for the first time in 2009.
Go to Forum >>0 Comments