China plans to boost per capita GDP fourfold
15/10/2007 12:01
China's per capita GDP is expected to be quadrupled by the year 2020 against
2000, Hu Jintao said in his report to the 17th National Congress of the
Communist Party of China today.
But the rapid growth will be under the
condition of reduced consumption of resources and greater efforts in environment
protection, Hu said on behalf of the 16th CPC Central Committee.
"We will
quadruple the per capita GDP of the year 2000 by 2020 through optimizing the
economic structure and improving economic returns while reducing consumption of
resources and protecting the environment," he said.
This goal is much
higher than the target set by the CPC five years ago at the 16th National
Congress, which was to quadruple the GDP value, without the mention of per
capita, by 2020, observers noted.
Five years ago, the 16th CPC National
Congress outlined the task to quadruple GDP of the year 2000 by 2020 through
optimizing the economic structures and improving efficiency.
China's GDP
has kept growing at a speed of over 10 percent for four consecutive years and
topped 20 trillion yuan (US$2.7 trillion) in 2006.
But the fast economic
growth has been realized "at an excessively high cost of resources and the
environment," Hu acknowledged.
Per capita GDP stood at US$2,042 in 2006,
up US$339, or nearly 20 percent, over that of the previous year, according to He
Chuanqi, a researcher with the Chinese Academy of Sciences.
Xinhua
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