From 1979 to 2006, for successive 27 years, GDP of Guangdong province has been maintaining an annual increase over 10%, ranking the first in Mainland China.In 2006, Guangdong speeded up the pace of its economic development, and achieved a stable and relatively fast increase of national economy, with a GDP of RMB2596.855.billion, with an increase of 14.1% than that of last year, accounting for 12.4% of the mainland China¡¯s GDP. The added value of the primary, secondary and tertiary industry was respectively RMB 157.136 billion, up by 3.8%, RMB 1343.062 billion, up by 16.9%, RMB 1096.657 billion, up by 12.2%. During the ¡°11th Five-Year Plan¡± period, the provincial per-capita total output value is expected to increase at an annual rate of 9% or above; by 2010, the per-capita total output value will double that of 2000.

In 2006, the disposable income per capita of urban and rural areas were RMB 16,015.58, and RMB 5,079.8 respectively, with an actual increase of 6.5% and 6.4% (with the factor of price deduced) respectively. The disposable income per capita has been climbing steadily for many years. The consumption power of residents is being strengthened, and the room of market is also being broadened.

Generally speaking, the structure, efficiency and quality of Guangdong economy have been improved and optimized simultaneously. While industry quickens its pace, its nine pillar industries expand rapidly, which obviously gives more effective support to industry. The contribution of tertiary industry (with service industry as its main feature) to the economic growth keeps rising steadily. Investment in fixed assets increases rationally, and investment structure is continuously adjusted and optimized. Marketing prospers stably, commodity circulation expands unceasingly, and commodity market develops swiftly.

(Source:  Department of Foreign Trade and Economic Cooperation of Guangdong Province)