Yang Hyang-ja Sets GRDP Goal of 100 Million Won Per Gyeonggi Resident

Yang Hyang-ja, the People Power Party candidate for Gyeonggi governor, said on the 10th that she would seek to raise gross regional domestic product, or GRDP, per Gyeonggi resident to 100 million won. Yang presented rapid development of advanced industries as the key driver for reaching that goal. GRDP measures the total value added produced within a region, while GRDP per capita is used to gauge the scale and productivity of a local economy. Her remarks signal that fostering advanced industries would stand at the center of her economic growth strategy for Gyeonggi Province. During the election, detailed industrial policies and execution plans for achieving the target are expected to face scrutiny. Source: mk.co.kr