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��Home>>Business
China's per capita GDP might hit US$3,000 by 2010
www.chinanews.cn 2007-04-29 09:10:45
Chinanews, Beijing, Apr. 29 �C Since 2003, Chinese national economy has
maintained a double-digit growth for four years consecutively. China's
economic strengthen has greatly increased. An economist said on Friday
that if such economic growth rate could continue, by 2010 China's per
capita GDP might hit 3,000 US dollars.
��In 2002 when we deliberated the report (draft) to be delivered by the
General Secretary of the CPC Central Committee at the CPC 16th National
Congress, we predicted that by 2010, China's per capita GDP could reach
1,700 US dollars, and by 2020, the figure could further hit 3,000-3,200
US dollars,�� said Zhang Zhuoyuan, an academic committee member from the
Chinese Academy of Social Sciences when he attended the Third China
Fortune Forum held in Beijing on Friday.
Now four years have passed. During this time, China's economic growth
rate had quickened and some economic figures had been modified. At the
same time, the value of Renminbi had continued to rise. As a result,
China's per capita GDP already touched the 1,700-US-dollar mark in 2005,
a figure that we previously thought might be touched in the year of 2010.
In 2006, the per capita GDP figure further hit 2,004 US dollars. If such
trend continues, China's per capita GDP will reach 3,000 US dollars by
2010, not in 2020 as we previously thought, said Zhang.
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