At the regular meeting of Hangzhou municipal government held yesterday, Hangzhou Development and Reform Commission offered the mid-stage assessment report on the fulfilment of the 11th Five-year Plan of Hangzhou, which says that in 2008, per capita GDP of Hangzhou may reach 10000 dollars, two years ahead of the plan.
The report pointed out that the development of high technology industry of Hangzhou was slower than before as well as the upgrade of the industry structure. Last year, the sale of the high technology industry accounting for the sale of the whole industry dropped to 12.9 percent,much lower than that of Shenzhen, Qingdao, Suzhou and Beijing. But in recent years, the heavy industrialization develops very fast. From 2007 to 2010, Hangzhou invests 100 million yuan each year to push the development of the heavy industrialization . In 2007, 139 heavy industrialization projects got support from the government, totaling 189 million yuan.(Hangzhou Daily)