| Abstract |
In 2005 the Guangdong provincial government launched the Plan for the Development of the Nine Pillar Industries in Guangdong Province (2005-2010). The grand development plan aims at re-structuring the industrial base of the province for capital and technology-intensive industries in the secondary and tertiary sector. The pillar industries include: information technology, electrical machinery, chemicals, textile and garment, food processing, construction materials, pulp and paper, pharmaceuticals and automobile. The plan sets the target of achieving an annual growth rate of 18% between 2005-2010 for these industries to reach total industrial value of 5160 billion yuan and 77.6% share of the province’s total industrial value. |
