The Guangzhou Development Zone set 7 economic records last year. The zone's economic index was ranked first out of the nation's 49 national level development zones.

Last year, the total output value of the Zone reached 56 billion yuan and the annual industry output value of 134 billion yuan. The added value of industry output was 44.2 billion yuan, taking up 40% of the total increment of the city. The monthly average value of industry breached 10 billion yuan.

There were more than 100 enterprises that gained 100 million yuan in annual value of industry. The import and export value reached 10.7 billion US dollars. Tax revenue rose to 12.6 billion yuan. The Guangzhou Development Zone hopes to reach 70 billion yuan in total output value and 170 billion yuan in industry output value in 2005.

Editor: Olivia