BUSINESS Beijing's GDP over 40 times higher than 1987

BUSINESS

Beijing's GDP over 40 times higher than 1987

China Daily

06:44, December 09, 2018

捕获.PNG

High-rise buildings in Beijing's central business district (CBD), Dec 4, 2018. (Photo: IC)

Beijing's gross regional domestic product is 41 times higher than the 1978 figure, when the policy of reform and opening-up began, municipal government said on Friday.

Beijing's GDP was 10.88 billion yuan ($1.58 billion) at the beginning of China's reform and opening-up policy, and that figure increased to 2801.49 billion yuan in 2017.

The municipal government said that Beijing's economic growth, has been consistent, at 6.5 percent to 7 percent, since 2011.

Beijing has increased its investment in the science and technology industries, in an effort to further develop the capital's economic structures, said the authority.



Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue