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Economy

South China's Guangdong sets new target for economic growth this year

January 28, 2019


Abstract : South China's Guangdong Province is set to achieve 6 percent to 6.5 percent in economic growth this year, said Governor Ma Xingrui Monday.

GUANGZHOU, Jan. 28 (Xinhua) -- South China's Guangdong Province is set to achieve 6 percent to 6.5 percent in economic growth this year, said Governor Ma Xingrui Monday.

Guangdong, one of China's economic powerhouses, recorded a 6.8 percent GDP growth to hit 9.73 trillion yuan (about 1.44 trillion U.S. dollars) last year, announced Ma Xingrui while delivering a government work report at the opening ceremony for the annual session of the provincial legislature.

Guangdong, as the gateway to the outside world, is a leading foreign trade player in the country, with its imports and exports topping 7.16 trillion yuan last year, a historic high and ranking the first in the country for the 33rd year in a row.

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Keyword: China-economy economic-development

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