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Fujian's GDP tops 3 trillion yuan in 2017

( chinadaily.com.cn )

Updated: 2018-01-29

Fujian's GDP tops 3 trillion yuan in 2017

Tang Dengjie, acting governor of Fujian provincial people's government, chairs the meeting and delivers the government work report. [Photo provided to chinadaily.com.cn]

Fujian's GDP registered 3.2298 trillion yuan ($510.8 billion) in 2017, up 8.1 percent year-on-year, according to a government work report made at the provincial people's congress last Friday.

Despite being a bit slower than last year's rate, which stood at 8.4 percent, the province's growth still outpaced the 2017 national rate of 6.9 percent.

A coastal province in the southeastern part of the country, Fujian has seen rapid development in the past five years.

According to Tang Dengjie, acting governor of the province, the increase in Fujian's GDP since 2016 ranks it among the top 10 provinces and regions in the country for the first time.

The main goals for the province in the next five years will be to further deepen supply-side structural reform, promote coordinated development of industrialization, informationization, urbanization and agriculture modernization, and finally realize a more high-quality, efficient, and sustainable development pattern in the province, the report says.

Meanwhile, Fujian has targeted economic growth at roughly 8.5 percent for 2018, and plans to speed up construction of a service-oriented government to stimulate its economy throughout the year.

Fujian's GDP tops 3 trillion yuan in 2017

The first session of the 13th Fujian Provincial People's Congress convenes in Fuzhou, capital of Fujian province on Jan 26. [Photo provided to chinadaily.com.cn]

 

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