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Beijing's GDP per capita exceeds $6,000
Chinanews, Beijing January 8 ¨C The GDP per capita of permanent residents in Beijing was over $6,000 in 2006, ranking it among intermediate developed cities in the world.
The statistics were revealed by Chai Xiaozhong, vice director of Beijing Municipal Development and Reform Commission, last Friday.
Investment is no longer the major booster of economic growth in Beijing, the great leap of domestic consumption having contributed the most to the boom of local economy. Furthermore, most consumption in Beijing has little to do with subsistence, but with entertainment and personal development.
chinajob This entry was posted on January 9th, 2007 at 09:59:16 am by ChinaJob and is filed under News of China.