Tuesday, February 2, 2010

Beijing's per capita GDP tops $10,000 in 2009 for 1st time


BEIJING, Jan. 22 Kyodo
Beijing's per capita gross domestic product topped $10,000 for the first time last year, reflecting China's robust economic growth, according to the Beijing Bureau of Statistics.
The capital's GDP grew 10.1 percent in 2009 from a year earlier to 1,187 billion yuan, or $137.8 billion, the official Xinhua News Agency said Thursday, quoting data from the bureau.
Per capita GDP came to 68,788 yuan, or $10,070, given that the city had 17.55 million permanent residents at the end of 2009.
The bureau's deputy director Yu Xiuqin was quoted by Xinhua as saying Beijing has now become ''a moderately well-off city'' based on World Bank standards.
According to the World Bank, a country or region should be recognized as moderately well-off when its per capita GDP exceeds
$10,000, Yu said.
The service industry accounted for 75 percent of Beijing's GDP.
Noting that the municipality's urbanization rate has reached 85 percent, Yu said the Beijing government ''will take further measures to boost the living standards and social welfare of the rural population to bridge the gap between urban and rural areas.''
On Thursday, China's National Bureau of Statistics said the country's GDP grew 10.7 percent in the October-December quarter of 2009 from a year earlier, sending GDP growth for the whole year up to 8.7 percent.
The upbeat data suggests that the nation is poised to overtake Japan as the world's second largest economy this year.

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