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Home >> Business
UPDATED: 12:35, February 04, 2006
SE China's Fujian Province achieves 11 percent GDP growth in 2005
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Southeast China's Fujian Province post a 11 percent gross domestic product (GDP) growth in 2005, which was strongly boosted by fixed asset investment.

According to the provincial statistical bureau, the province recorded 648.7 billion yuan (81 billion U.S. dollars) of GDP in 2005.

The fixed asset investment reached 232 billion yuan (29 billion U.S. dollars) last year, up 20.3 percent year-on-year.

Governor Huang Xiaojing said in the 2005 work report that the province facing Taiwan across the Taiwan Straits conducted 54.2 billion U.S. dollars worth foreign trade in 2005, posting a yearly increase of 13.9 percent. The province also recorded 6.23 billion U.S. dollars in direct foreign investment last year, up 17.2 percent over the year-ago period.

Source: Xinhua


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