Guangdong province plans to invest over RMB672 billion (US$109 billion) to bolster economic output in 12 underdeveloped cities, South China Morning Post reported. Provincial party chief Chunhua hopes to have certain areas in the province double or triple their economic output by the year 2018. Guangdong now has the biggest economic divide of any mainland province. Li Chunhong, director general of Guangdong’s Development and Reform Commission, said gross domestic product per capita for the 12 targeted cities remained below the national average despite Guangdong’s economy having been bigger than that of every other province for more than two decades.
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