CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

China's boom areas experience slower growth in first three quarters

11-07-2011 08:32 BJT

BEIJING, Nov. 6 (Xinhua) -- A majority of China's provinces and regions experienced a slower year-on-year economic growth rate in the first three quarters, with major boom areas leading the decline, official figures showed.

Of the 29 provinces and regions that have released their growth data for the first nine months, 23 have reported a slowdown in growth speed, a sign that the local governments are working to restructure the growth pattern in response to the central government's call.

Traditional powerhouses of Beijing, Zhejiang Province and Guangdong Province registered the slowest growth pace during the period compared with other regions, with a growth rate of 8 percent, 9.5 percent and 10.1 percent, respectively, said a Sunday report of Beijing News.

Regions in central and western China are among the fastest runners, taking up 60 percent of the areas that reported a double-digit growth rate.

China's GDP expanded 9.4 percent year-on-year in the first nine months.Of the 29 regions, 28 outperformed the national average with Beijing as the only exception.

The government has set a broad target for economic growth of 8 percent this year, but most local governments had set their targets high above the figure, with Beijing and Shanghai as the only areas targeting 8 percent.

Related stories

Editor:Zhang Hao |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program