GUANGDONG should adjust its economic development instead of blindly pursuing high economic growth, Governor Lu Ruihua said. The newly elected Governor, who is attending the on-going NPC session, also admits the province has ignored the importance of efficiency in economic planning. 'Many problems have been exposed. It's so urgent that we should change the situation as soon as possible,' Mr Lu said. In the past five years, Guangdong had achieved an annual economic growth of 19 per cent, higher than those of other cities and the national average. But the province is still battered by rampant inflation, numerous ailing state-owned enterprises, and the shelving of a number of major infrastructure projects. Mr Lu said that to blindly strive for any one per cent increase in economic growth would bring about many 'conflicts' and problems. He also said giving financial support to profitable companies was vital for enterprise reform. 'For those companies which are always in the red, instead of helping them, we should make closures, mergers, suspensions or even transfers, whenever it is necessary,' Mr Lu was quoted as saying by the official China News Service. Laid-off workers should be protected by social security schemes or re-employment programmes. Mr Lu also said Guangdong should strengthen its ties with Hong Kong. 'From the viewpoint of the market economy, there is no boundary between two places. We should promote our co-ordination,' he said.