Updates

Home> Updates

Inner Mongolia looking for a breakthrough in GDP

2016-02-26 (chinadaily.com.cn)

The acting mayor of the city of Hohhot, Inner Mongolia, Jia Yingxiang, recently announced at the city's People's Hall, that, “Hohhot will work to have a GDP equal to $20,000 per person during the 13th Five-year Plan (2016-20).”

The comment came in an annual city standing committee report that was given at the 12th Chinese People's Political Consultative Conference, the Chinese government's policy advisory body, in its 4th session, on Feb 24.

During that period, Hohhot's economy is expected to show rapid growth, with an average annual increase of 7.5 percent in the regional domestic product, and an 8 percent increase in urban incomes, and 9 percent for rural people. The goal for the regional domestic product for 2019 is 385 billion yuan ($58.9 billion), or double the 2010 figure, and per capita incomes of urbanites at 50,780 yuan and rural people, 19,200 yuan, also double the 2010 amount.

Hohhot is also looking to lift more than 25,000 people in its rural areas out of poverty, with a per capita income reaching 4,000 yuan, and especially in two poverty-stricken counties, Qingshuihe and Wuchuan, by 2017. And their per capita income to reach 10,000 yuan by 2020.