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Most regions expect double-digit growth

By Zheng Yangpeng  (China Daily)

08:27, February 06, 2013

Guizhou sets highest target of 14% for 2013; Shaanxi is next at 12.5%

Local economic targets for 2013 - just released by 31 provincial-level governments on the Chinese mainland - show that officials across the country expect similar rates of growth as last year, with coastal regions again accelerating slower than western areas.

Despite a year in which China's overall economic growth eased to its slowest rate in 13 years at 7.8 percent, 24 regions have set their growth target for 2013 around or higher than 10 percent, and seven have targeted growth below 10%, one more than in 2012.

In figures submitted within the latest annual government work reports, officials in Beijing, for instance, are aiming to grow the city's economy by 8 percent in 2013, slightly higher than its 7.7 percent growth in 2012 while Shanghai has set a 7.5 percent target, the same as for 2012.

But this year's target list is headed by Southwest China's Guizhou province, with an expected growth of 14 percent, followed by northwestern Shaanxi province at 12.5 percent, then 10 others with a target of 12 percent.

At the beginning of 2012, six regions set a single-digit GDP growth target, and 25 set one in double-digits.

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Email|Print|Comments(Editor:HuangBeibei、Li Zhenyu)

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