China’s 31 provinces and regions have released governmental working report in succession, and 24 of them have set the Gross Domestic Product (GDP) growth rate at 10 percent and above this year.
The increase rate of fixed investment has been targeted at 20 percent and above in 20 provinces and regions. Increase rate of commodity price plans to be controlled at three level: 5 percent, 4 percent and 3.5 percent.
In 2013, 24 provinces and regions set the GDP growth rate at 10 percent and above.
Despite the weak macro economy situation in 2012, the gross volume of GDP was steadily growing in China. According to the released data, 24 provinces and regions have set the Gross Domestic Product (GDP) growth rate at 10 percent and above this year.
Analysts believed that China’s economy will rise again this year.
20 provinces and regions targeted the increase rate of fixed investment at 20 percent and above.
According to the released data, 20 provinces and regions targeted the increase rate of fixed investment at 20 percent and above. Four provinces and regions - Xinjiang Uygur autonomous region, Gansu province, Guizhou province and Heilongjiang province - even set the growth goal at 30 percent and above. Beijing is the only region that targeted the growth rate of fixed investment below 10 percent in 2013.
The increase rate of commodity price set to be controlled at three levels: 5 percent, 4 percent and 3.5 percent.
The consumer piece index (CPI) increased 1 percent from last month, or year-on-year increase of 2 percent.
The increase rate of commodity price set to be controlled at three levels: 5 percent, 4 percent and 3.5 percent in China’s 31 provinces and regions. Only Hainan province set the CPT growth rate at 5 percent in 2013.
Edited and translated by Ma Xi, People's Daily Online
Read the Chinese version: 31省区市"经济军令状"出炉 超7成GDP目标两位数
Source:China Economic Net
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