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(Yicai Global) Jan. 14 -- The city of Beijing's gross domestic product growth is excepted to stay between 6 percent and 6.5 percent this year, while principally sticking to the bottom line of the country's GDP growth, according to the capital city's mayor.
The GDP growth in Beijing was around 6.6 percent last year, and this year's expectations are lower, state-backed newspaper Beijing Daily reported, citing Beijing Mayor Chen Jining's report on the government's work.
The general public budget revenue is anticipated to rise 4 percent, and the surveyed urban unemployment rate to remain lower than 5 percent.
This year, Beijing will upgrade its sectors related to artificial intelligence, healthcare, property, fifth-generation mobile network, and industrial internet. The city will oversee major new projects such as a production base for Mercedes-Benz new energy vehicles in Shunyi district, as well as others related to ultra-high definition displays, semiconductors, and drones. The local government will also promote the development of Xiong'an New Area in Hebei province.
The nation is celebrating its 70th anniversary of the founding of the People's Republic of China this year and this will be a top priority for Beijing too, the report added.
Last year, Beijing's general public budget revenue climbed 6.5 percent. The consumer price index, which measures inflation, went up 2.5 percent and the surveyed urban unemployment rate was around 4.5 percent. The city's per capita disposable income increased by about 6.3 percent, Chen said in the report.
Editor: Emmi Laine