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Dongguan unveils a 5% GDP growth target for 2024

02/02/2024 Source: cnbayarea.org.cn

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The 17th session of the Dongguan People's Congress opened on January 31st, featuring a government work report delivered by Mayor Lv Chengxi.

The report outlines the city's key development targets for the year, including a 5% growth in the regional Gross Domestic Product (GDP), a 6% increase in value-added for industrial enterprises, a 10% rise in fixed-asset investment, and a 7% growth in total retail sales of consumer goods. The objective is to keep per capita disposable income of urban and rural residents increase in sync with GDP growth and maintain stability in the consumer price index at around 3%.