In 2011,Guangzhou Economic realized rapid growth,annual economy grew at a rate of 11.0%,GDP reached 1.23 trillion yuan. Prospect 2012,the global economy is expected to achieve an increase of 2% to 3%,but still facing some risks,such as the euro zone sovereign crisis,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 growth,but there are still some negative factors,such as the increasing difficulty to maintain stable and rapid economic growth while adjusting the economic structure,the heavy task to improve people's livelihood,the increasing pressures of SME's cost,the deteriorating external environment. Considering various factors, and estimated by the Research Group's model, Guangzhou's GDP is expected to grow at a rate about 10.5% in 2012.
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