Shanghai 2010 Expo Claims Participation Record
As Olympic fever ratchets up in Beijing, Shanghai is focusing its attentions two years down the road. 187 countries and international organisations have confirmed their participation at the 2010 Shanghai World Expo in 2010 – setting a new Expo record, according to organisers. The previous participation record was held by Hanover, in 2000, said Zhu Yonglei, Deputy Director of the Bureau of Shanghai World Expo Coordination. The Expo, which runs between 1 May and 31 October 2010, is targeted to draw up 70 million domestic and international visitors.
Government Targets USD3,000 Per Capita Income
China is targeting per capita income of USD3,000 by 2010, according to
state media. Based on the fact that the domestic economy is growing
annually at around 10 per cent, the government believes that its next
per capita income target could be achieved a whole decade earlier than
predicted back in 2002. Even more enthusiastic is Lu Xueyi, from the
Chinese Academy of Social Sciences, who posits, in China Daily, that
China’s annual per capita income will hit USD6,000 in 2020.
Shanghai FDI Targets the Tertiary Sector
The January
pre-Chinese New Year good economic news onslaught continues. The
Shanghai government has released record figures for last year's
contracted foreign investment. Shanghai welcomed USD14.869 bn of
investment into the city from foreign companies. This represents an
increase of two per cent. About two-thirds (64.47 per cent) of the
investments were channeled into tertiary industries, with the secondary
industries receiving 35 per cent, and the primary sector the remainder.
Last update : Monday, 07 January 2008
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