Date
21 October 2018

Guangdong’s GDP growth set to surpass 8.5% this year, paper says

Guangdong province saw its gross domestic product grow 8.5 percent in the nine months to September to 4.45 trillion yuan (US$463.71 billion) from a year ago, the same pace as in the first quarter and the first half, the Securities Times reported Tuesday, citing data from the provincial statistics bureau. The service industry contributed the most, accounting for 4.5 percentage points of the expansion, an official at the bureau was quoted as saying. Guangdong’s economic development remains stable, and GDP growth for the year could surpass 8.5 percent amid improving conditions at home and overseas, the report said.

– Contact HKEJ [email protected]

TL/AC/CG

 

 

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