BizChinaUpdate Newsletter
 

Email:

Full Name:

Advertisement
Advertisement
Home arrow News & Interviews arrow News January 2008 arrow News Bites: Income to Reach USD3,000 in 2010, Shanghai FDI Targets Tertiary Sector
News Bites: Income to Reach USD3,000 in 2010, Shanghai FDI Targets Tertiary Sector PDF Print E-mail

By Gary Bowerman and Peter Bachmann, on Monday, 07 January 2008

Published in : The News, News January 2008


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

   
Quote this article in website
Favoured
Print
Send to friend
Related articles
Save this to del.icio.us

Keywords : Expo 2010, Shanghai, Income, FDI, Sectors


Users' Comments  RSS feed comment
 

Average user rating

   (0 vote)

 


Add your comment
Name
E-mail
Title  
 
Comment
  Available characters:  
   Notify me of follow-up comments
   
   

No comment posted

 
< Prev   Next >
Advertisement
RSS - Subscribe to the BCU Feed

Member's Area Login

Members please login:

Advertisement