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In 2006, under the correct leadership of Hangzhou Municipal Party
Committee of the Communist Party of China (CPC) and Hangzhou Municipal
Government with the guidance of Deng Xiaoping Theory and the important thought
of “Three Represents”, the viewpoint of scientific development was implemented
in an all-round way. According to the general requirement of “Development,
Innovation, Economic, Stabilization , People-oriented and harmony” and tightly
encircling the goals and assignments of the 11th Five-Year Plan, the people of
Hangzhou carried out “5 Strategies” in a deep-going way, exerted to solve “7
Difficulties”, led “harmonious business", founded “Safe Hangzhou” and
accelerated the construction of a socialist harmonious society. The well and
fast growing momentum continued in the city’s economic and society as well as
the fine start of the 11th Five-Year Plan was realized. According to the
preliminary statistics, the Gross Domestic Product (GDP) of Hangzhou was 344.099
billion yuan,up by 14.3 percent over the previous year at comparable price,
which had maintained an annual economic growth rate of over 10 percent for
consecutive 16 years. Of the total, the value-added of the primary industry was
15.492 billion yuan; that of the secondary industry was 174.198 billion yuan;
and that of the tertiary industry was 154.408 billion yuan, up by 3.9 percent,
13.3 percent and 16.7 percent respectively. The proportion of the three
Industries was adjusted from 5.0 percent, 50.9 percent and 44.1 percent of the
previous year into 4.5 percent, 50.6 percent and 44.9 percent respectively. The
GDP per capita calculated by the people through household register was 51,871
yuan, up by 13 percent. According to the average exchange rate published by the
Government in 2006, the GDP per captia calculated by the people through
household register reached 6,505 US dollar.
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