Pudong's GDP Per Capita Expected to Exceed US$7,000

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Last updated at: (Beijing Time) Thursday, June 20, 2002

Pudong's GDP Per Capita Expected to Exceed US$7,000

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Newly revealed data shows Pudong's GDP has reached 45.4 billion yuan from January to May, a rise of 14.9 percent over the same period of last year, of which the revenue generated by the high-tech industry sector account for 48.5 percent of the total value.

The data indicates Pudong's export value made a hit of 5.05 billion yuan in the first five months of this year, an increase of 12.5 percent over the same period of last year. By the end of last May the newly developed Pudong District touted in 7923 foreign-invested projects with a total value of US$ 40.1 billion, and the entry of 6489 domestic enterprises brought in a registered capital of RMB 34.78 billion yuan.

In the four developing areas, 123 foreign and domestic financial organizations and 21 MNC are headquartered in Lujiazu financial area, whose financial function is in the shaping. Meanwhile, Zhangjiang high-tech area has demonstrated its potentials in economic development.

By PD Online Staff Yang Ruoqian

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