Source: CCTV.com

03-06-2007 10:48

Shanghai has set its GDP growth target for 2007 at above 9 percent, after 15 years of double-digit growth.

The city's GDP totaled 1.03 trillion yuan last year, up 12 percent from 2005. Han Zheng, Mayor of Shanghai said on Monday that the reason why Shanghai gained good momentum in economic and social development was due to the implementation of the macro-economic control policies of the central government.

And the municipal government will continue to earnestly carry on the macro-control policies in all sectors, especially the red-hot real estate and financial sectors.

 

Editor:Li Yang