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Business / 2016 Top 10

Top 11 provincial-level regions with ambitious growth targets

(chinadaily.com.cn) Updated: 2016-02-03 07:14

Of 24 provincial-level governments that released this year's economic blueprint, 15 have lowered their growth targets.

The cut has left room for de-stocking and structural adjustments, Lian Ping, chief economist of the Bank of Communications, told Shanghai Securities News, adding that the country will likely aim a growth range of 6.5 to 7 percent this year.

Among all, Chongqing municipal sets the highest goal, aiming to extend its 10 percent growth despite a slowdown nationwide.

Here is a list of the top 11 provincial-level regions with their ambitious targets in 2016.

9. Guangxi Zhuang autonomous region

GDP target in 2016: 7.5 to 8 percent

GDP growth in 2015: 8 percent

Top 11 provincial-level regions with ambitious growth targets

Farmers work at a tea garden in Zhaoping county, Hezhou city, Guangxi Zhuang autonomous region, Mar 15, 2015. [Photo/IC]

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