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| The Aim of Rejuvenating the Old Industrial Base
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2005 is the key year of rejuvenating the old industrial base and completing the aim of "The Tenth Five Year Plan". Great efforts should be made in economic structural adjustment, which is the main task of rejuvenating the old industrial base. Liaoning will focus on turning Dalian into a major shipping center of Northeast Asia and establishing two major industrial bases of modern equipment manufacturing and important raw materials and speeding up high-tech industry, along with the agricultural product processing industry and a modern service sector to enable them all to become important pillar industries.
The main economic plan of 2005 is: the province's GDP should grow by 10 percent or more, direct foreign investment should grow by 20 percent; the total volume of exports should grow by 15 percent; the growth in retail volume of social consumables should be 11 percent. Investment in fixed assets is expected to grow by 20 percent; local financial income will reach 58.01 bilion Yuan RMB,an increase of 11 percent or more; disposable income per capita in cities and towns and the average net income of each farmer should grow by eight percent and 6 respectively.
2010 will see the realization of general aim of rejuvenating the old industry base, the province's GDP is expected to reach 1,180 billion Yuan; the annual average growth rate will be more than 10 percent; and the GDP per capita should have reached 27,000 Yuan. Direct foreign investment should grow at an annual average of 12 percent; the total volume of exports should grow by 10.5 percent year on year; the annual average growth in retail volume of social consumables should be 11 percent. Investment in fixed assets is expected to grow by 15 percent each year; local financial income will grow by 10 percent on a yearly basis; disposable income per capita in cities and towns and the average net income of each farmer should reach 12,500 and 5,500 Yuan respectively.
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