ABSTRACT

Located on the south bank of the lower reaches of the Yangtze River, M City is a node city on the axis side of the Yangtze River Delta, which is the eastern part of W Province. In recent years, trying to achieve the goal of joining the Yangtze River Delta with an accelerating speed and getting a first breakthrough in the development of Wan Jiang project, the city has maintained a good momentum of rapid and healthy economic development. Over the years, many of the key per capita economic indexes of the city such as gross domestic product (GDP), revenue, income, and savings for urban residents ranked first in the W Province. In 2004, its GDP amounted to 26,509 million RMB. Calculated in accordance with comparable price, M City had a GDP growth of 19.5% over the previous year, which is the largest increase in W Province.