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Guangdong adopts 50 billion to boost labor and industry transfer

Known as a pioneer in China's reform and opening-up, Guangdong province will invest near 50 billion Yuan in the next five years to implement a new labor and industry strategy, named as "Double Transfers", to maintain sustainable development and keep its leading position in the mainland economy.

Guangzhou to develop headquarter economy and financial sector

Guangzhou Development and Reform Commission on April 21 issued a research report on the Development of Headquarter Economy in Guangzhou, saying the city ranked the 3rd among the 35 main cities in China, after Beijing and Shanghai, in their capability and potentiality to spur headquarter economy development.

• Guangdong economy expected to maintain stable, fast growth

In the first half of 2008, Guangdong booked a GDP of 1601.8 billion RMB, up 10.7 percent, slightly higher than the country’s 10.4 percent. As for the second half year, the province determined to boost stable and comparatively rapid economic development.

• Understanding of "Scientific Development" Deepened

To be the main drive in improving China's competitive power, to be a pilot in seeking scientific development mode, and to be a pioneer in developing socialism with Chinese characteristics, such are the new targets from the province set by the delegates of the 3rd plenary session of 10th CPC Guangdong Committee, held in Guangzhou on June 17 and 18.

• Guangdong continue IPR protection efforts

Guangdong issued a report in April, 2008 on its intellectual property rights protection last year, saying the province ranked first in China for 3rd straight years measured by Invention Patent applications and its Patent Cooperation Treaty international filings reached 2646.

• Guangdong furthers efforts to support after-quake reconstruction

Guangdong province held meetings in this weekend on supporting the reconstruction in the May 12th quake-hit areas.

• Guangdong remains hot choice for foreign investment

According to the Statistics Bureau of Guangdong province, in the first four months this year, Guangdong has seen its contracted FDI exceeded 10 billion USD and hit 10.74 billion, up 32.3 percent year on year.

• Guangzhou Metro may extend to Qingyuan

According to Qingyuan Development and Reform Bureau, the city, north to Guangzhou, will build light rail to connect itself with Guangzhou Metro Line 9. The line, with a budget up to 40 billion RMB, will cut the journey between the two cities by half, from 50 minutes to 25 minutes.

	• [Industry] Searching for industrial competitiveness　2006-March-18
	• Advisors suggest on GD's innovative capacity building　2006-March-18
	• GD further promote Hi-tech industry　2006-March-18
	• [Focus] Stable economic development in the first half of 2005　2006-March-18
	• [Focus] GD expects a more balanced and sustainable development　2006-March-18
	• [Focus] Rapid, rational eco-development in 2004　2006-March-18
	• [statistics] Macro Economic Index of GD, 2004　2006-March-18

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