In 2011, with the background of slow recovery of world economy and upheaval in international financial markets, Guangzhou overcomes the difficulties and its economy reveals the steady growth, the prices stabilized gradually and the people's livelihood is improving, the GDP grows by 11.0%. Looking into the 2012, the world economic outlook remains not optimistic; the domestic inflationary pressures still exist, the macro-control will maintain as stability, Guangzhou should focus on expanding consumer demand, and improving the resident's level of consumption; conducting investment demand rationally, ensuring the construction of key projects; accelerating the industries restructuring and realizing the upgrading of industries structure; implementing the S&T innovation projects and improving the urban innovation system; promoting the culture consumption and developing cultural industries; stimulating the SMEs' vitality and conducting the SMEs' cluster development; restructuring the foreign trade and economic cooperation development and strengthening international exchanges and cooperation; strengthening the role of regional financial center, and innovating the financial product and services.
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