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Thursday, February 24, 2000, updated at 16:59(GMT+8) Business Over 2.1Trillion Yuan Estimated on China's 10th Five-year Plan ConstructionA report by the State Development Planning Commission's Subject Study Group entitled "A Forecast of the 10th Five-year Plan Investment Sources and Scale" places China's GDP at a total of over 5.604 trillion yuan during the 10th Five-year Plan period. Of these, a social investment of over 2.1 trillion yuan is to be made to show a growth rate over that of the country's economy China is said by the Study Group at the end of its high economic growth and that with a new economic growth phase featuring stable quality growth going to arrive it is rational for China to attain an average growth of 7 percent by its economy. Meanwhile, a gradual drop to 0.171 by 2005 from 0.18 in 1999 to show an average of 0.174 will be witnessed in China's investment coefficient to be attained from every 100 yuan. Printer-friendly Version In This SectionBack to top |
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