Tianjin Municipality, a north China port city, has set major
targets for economic and social development for the next five
years, according to a meeting on government work.
Tianjin's GDP will grow 12 percent annually and the annual per
capita GDP will top US$7,000 in the next five-year period, city
mayor Dai
Xianglong told the meeting last week.
Dai said that Tianjin's GDP had surged by 13.9 percent annually
in the 2000-2005 period, providing favorable conditions for faster
economic growth in the coming five years.
Tianjin's major economic and social development targets for the
2006-2010 period also include: an annual growth rate of 16 percent
for revenue income, a 15 percent growth rate in fixed assets
investment, an unemployment rate lower than 4 percent and an
increase of over 10 percent in the per capita disposable income for
urban and rural residents.
Dai said that Tianjin would enhance recycling and apply advanced
technologies in industrial production in order to reduce energy
consumption over the next five years.
Tianjin has set an energy consumption reduction target of 15
percent in terms of per unit of GDP in the coming five years. In
the previous Five-Year period, Tianjin achieved a 22 percent
reduction in energy consumption per unit of GDP.
(Xinhua News Agency January 17, 2006)