New area set for continued GDP growth
By Wu Jiao and Tan Yingzi | China Daily | Updated: 2013-03-13 07:10
Chongqing Liangjiang New Area, an emerging hot investment destination in interior China, is aiming to maintain 20 percent annual GDP growth over the next eight years to drive development of the country's vast underdeveloped western region.
The growth will substantially outpace most Chinese cities as the country slows its economic growth target to 7.5 percent.
Tang Zongwei, deputy director of the administrative committee of the new area, told China Daily the region needs to pool about 100,000 highly skilled workers to sustain its development. A total of 400,000 jobs will be offered by 2015.
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