Shenzhen’s gross domestic product increased by 7.5 per cent to about 2.4 trillion yuan (US$352.71 billion) in 2018, having targeted a growth of 8 per cent. Photo: AFP
Shenzhen’s gross domestic product increased by 7.5 per cent to about 2.4 trillion yuan (US$352.71 billion) in 2018, having targeted a growth of 8 per cent. Photo: AFP

China’s industrial powerhouse Guangdong slashes growth target for 2019

  • Southeastern province, which includes the cities of Shenzhen and Guangzhou, aims for 6.0-6.5 per cent growth this year
  • The target is the same expected to be confirmed as China’s overall growth target for 2019 as the trade war with the United States continues to slow the economy

Shenzhen’s gross domestic product increased by 7.5 per cent to about 2.4 trillion yuan (US$352.71 billion) in 2018, having targeted a growth of 8 per cent. Photo: AFP
Shenzhen’s gross domestic product increased by 7.5 per cent to about 2.4 trillion yuan (US$352.71 billion) in 2018, having targeted a growth of 8 per cent. Photo: AFP
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