In 2010,Guangzhou successfully hosted the Asian Games and Asian Paralympics,which significantly improved the synthesis environment and image of the city,and promoted the sustained and rapid growth of the macro economy. Annual economy in 2010 grew at a rate of 13.0%~1.5 percentage points higher than that in 2009;GDP reached 1.06 trillion yuan,which makes Guangzhou become the third city into the“one trillion yuan club” after Shanghai and Beijing. Outlook for 2011,the world economy will enter a period of slow recovery,the global economy,led by the economic growth in emerging countries,is expected to achieve a growth of 3%-4%,but there are still some risks,such as the sovereign crisis in the euro area,the U.S. dollar flooding,international trade frictions;China will implement a proactive fiscal policy and prudent monetary policy,the economy of China is expected to maintain a steady and rapid growth,but there are still some negative factors,such as lack of endogenous economic growth momentum,diminishing marginal effects of stimulus. Considering various factors,and estimated by the Research Group’s model,Guangzhou’s GDP is expected to grow at a rate about 12% in 2011.
<<Keywords: | Economic GrowthAnalysis on Economy OperatingForecast of EconomyCity EconomyGuangzhou Economy |