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August 27, 2011

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GDP growth

MINHANG District's gross domestic product in the first half of the year rose 9.1 percent from a year earlier to 77.1 billion yuan (US$12.05 billion). Revenue surged 19.7 percent to 27.6 billion yuan.

Minhang has set an 8 percent target for economic growth in each of the next five years, the same goal as the municipality of Shanghai. The district attracted US$1.33 billion of foreign capital in the latest six-month period and created 19,060 new jobs, according to newly released data.

 

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