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HCM City sets fresh socio-economic targets
The municipal administration will concentrate its efforts on boosting its production and business sectors, stabilising the city's macro-economy and keeping inflation under control as it aims at a 12 per cent gross domestic product (GDP) growth next year.
According to the HCM City People's Committee's report approved by the second meeting of the Ninth Party Committee of HCM City, the city targets gross domestic product of VND475.9 trillion (US$23.8 billion) and per capita income of $3,130 next year.
The city targets a 13 per cent growth rate for the service sector; 11 per cent for industrial production and construction sectors; and 9 per cent in export turnover.
It will also strive to keep the consumer price index (CPI) under 7 per cent.
In his report, the Deputy Chairman of HCM City People's Committee, Nguyen Thanh Tai, said the city would generate employment opportunities for 265,000 workers and reduce the number of households living under the poverty line (Under the city's standards) to under 5.4 per cent of the city's population.
He added clean water access would be expanded to cover 85 per cent of households in 2011.
The Poliburo member and Secretary of HCM City Party's Committee, Le Thanh Hai, asked the city authorities to continue its efforts for economic re-structuring in order to raise productivity, improve quality and enhance the effectivity and competiveness of the city's economy.
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