Beijing Economic Growth Rate Reaches Eleven PercentOfficial statistics issued on Sunday show that Beijing's gross domestic product rise or 11 percent to reach 246.5 billion yuan (about US$29.58 billion) last year.The added-value of primary industry reached 9 billion yuan, realizing the highest growth rate in the past five years with four percent, the figures of secondary and tertiary industries were 93. 5 billion yuan and 143.47 billion yuan respectively. The added-value of industry was 73.7 billion yuan, among which 21.35 billion yuan was from high-tech section. The city's exports value was as much as US$11.97 billion, up 20.8 percent, tourism profits US$2.77 billion, 10.8 percent more than that in 1999. Beijing approved another 1,149 foreign-funded projects involving 4.34 billion U.S. dollars of contract foreign investment, with 3.01 billion U.S. dollars in actual use. Gu Yanzhou, vice-director of the Beijing Municipal Statistics Bureau, said the city made great achievement last year in economic restructuring. Agriculture went through a long sluggish period, industry kept growing at a steady pace, and service industrial development was stopped from further slowing down. |
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