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| Shanghai sets 2007 growth target at above 9% |
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| www.chinaview.cn
2007-01-28 21:07:38
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SHANGHAI, Jan. 28 (Xinhua) -- Shanghai has set its
2007 GDP growth target at above nine percent, the lowest target in 15 years, to
aim for more balanced and sustainable economic and social development, Mayor Han
Zheng said on Sunday.
"We have to turn from the traditional,
quantity-centered mode of economic growth to a more rational, balanced and
resource-efficient means of development," Han said in his work report to the
municipal lawmakers' session.
The city needed to reduce energy consumption and
safeguard the environment in its economic development and seek a balance between
consumption, investment and export and between man and nature, he said.
"Shanghai cannot afford to seek economic development
at the cost of its resources and environment," Han told Xinhua.
The city's spending on environment protection this
year will be around three percent of its GDP, a goal spelt out in the government
work report.
Meanwhile, Shanghai will slash energy consumption for
every 10,000 yuan (1,282 U.S. dollars) of GDP by four percent from the 2006
level and cut emissions by two percent.
Following the central government's policy of building
a "harmonious society", Shanghai authorities have vowed to keep the urban
unemployment rate within 4.5 percent and consumer price rises below three
percent.
Shanghai's economy has maintained two-digit growth
for 15 years running. Last year, its GDP totaled 1.03 trillion yuan (132 billion
U.S. dollars), up 12 percent from 2005. Its energy consumption per 10,000 yuan
of GDP was reduced by four percent, according to the municipal bureau of
statistics.
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