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Thread: Shanghai starts one-year countdown to the largest expo ever
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[quote=BOBERT,366470]I stand corrected. I did some research and found this... http://www.investorglossary.com/gdp.htm In fact you're correct. GDP can refer to a territory within a country. GNP (Gross National Product) is the correct term for the GDP of a country. So now I understand that Shanghai contributes 87% of it's own GDP which is 1/6th of the central governments total income. Which is exactly what you originally said. My apologies.[/quote]
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