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GUANGDONG GDP SET TO GROW 12.4PCT IN 2005.

AsiaPulse News

| January 02, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

GUANGZHOU, Jan 2 Asia Pulse - The GDP of South China's Guangdong Province is expected to exceed 2,163 billion yuan ($US48 million) in 2005, up 12.4% over that in 2004.

Fixed asset investment is expected to be 702 billion yuan, up 16.5%; total retail sales, 740 billion yuan, up 15%; the per-capita disposable income of urban residents and the net income of rural residents are expected to grow 8.5% and 7% respectively; 148 key projects are expected to complete more than 100 billion yuan of investment.

The province will focus on projects of communication, energy and industry in 2006.

It planned to reconstruct 6,000 kilometers of highways, speed up construction of Guangdong section of Guangzhou-Wuhan special passenger railway line, New Guangzhou Station and Guangzhou-Zhuhai railway ...

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