(MENAFN) In line with the production base for mobile phones and garments transforming to technology, South China's Dongguan City reported 8 percent GDP development through last year.
The city's GDP touched a robust USD96 billion in spite the country's overall slowdown, all thanks to its solid garments yield, putting its production capabilities on top of all cities in China.
At 8pct, its growth surpassed the local average of 6.9 percent last year and with 7.8pct progress in 2014, the city stays a powerful economic engine, now partly fueled by technological start-ups.
The latest compiled data reveals that contributions made by advanced manufacturing and high-tech manufacturing to local GDP rose by 7.4pct points and 10.9pct points in 2015.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.