Guangdong has cut its energy cost per GDP unit by 3 percent in 2006 and another 3 percent cut is expected in year 2007, said Tong Xing, vice governor of Guangdong, today on a meeting on provincial economy and trade.

Other targets in 2007 are: large-scale industries' value added up 15 percent, retail sales of commodity goods up more than 15 percent and investment in industries' renovation up 15 percent.

Tong said, to achieve its energy saving goal, Guangdong need to set up an effective mechanism, and map out plans on developing cycle economy and resource saving. The province also needs to release its 21 cities' energy-use-related indexes and rate local officials by these figures. Moreover, the province shall actively promote energy saving technologies and products.

According to the meeting, Guangdong's large industries yielded more than 1 trillion yuan of value added in 2006. In 2007, modern manufacturing and service industries need to accelerate their expansions and thus the whole industry will be more environmental friendly.

Editor: Yan