China to bring per capita GDP to US$3,000 in 15 years

Chinese President Hu Jintao said in Beijing Saturday China will try to increase its gross domestic product (GDP) to around 4 trillion US dollars and per capita GDP to around 3,000 US dollars in 15 years.

To achieve this goal, China must maintain the steady and rapid growth of its economy, the president said at the opening ceremony of the G20 Finance Ministers and Central Bank Governors Meeting.

"We intend to bring our GDP up to around 4 trillion US dollars and per capita GDP to around 3,000 US dollars within the next 15 years, so that we will be able to further develop the economy, improve democracy, advance science and education, enrich culture, foster greater social harmony and upgrade the texture of life for the people," Hu said.

Source: Xinhua