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Mayor forecasts 10% growth for Shanghai this year
By Zhang Fengming |
July 27, 2010, Tuesday
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Online Edition
Online Edition
SHANGHAI is expected to post an economic growth of about 10 percent this year, city Mayor Han Zheng said today.
The city's gross domestic product increased 12.7 percent in the first half, after growing 15 percent in the first three months, Han told delegates of the city's People's Congress.
"We have exceeded our target for the city's economy in the first half," Han said.
Growth of Shanghai's exports is set to slow to about 20 percent for the whole year, compared with an increase of 33.6 percent in the first half, according to Han.
The city's gross domestic product increased 12.7 percent in the first half, after growing 15 percent in the first three months, Han told delegates of the city's People's Congress.
"We have exceeded our target for the city's economy in the first half," Han said.
Growth of Shanghai's exports is set to slow to about 20 percent for the whole year, compared with an increase of 33.6 percent in the first half, according to Han.
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