blog archive

Tuesday 28 December 2010

NDRC: Midwest faces rapid dev't

12-28-2010 08:48 BJT

Watch Video

Play Video

China's vast midwest regions are showing signs of developing at a faster pace than its eastern coastal cities. A senior official from China's top economic planner, says that proves that the 11th five year plan reigned in the development gap.

In recent years there have been conflicts over land, labor and energy in eastern costal areas including the Yangtze river delta, Pearl river delta, and the circum-Bohai region.

So some of the industries there have moved to midwest areas. That greatly boost the economic development in China's midwest and northeastern areas. It's predicted the development speed there will be faster than in eastern costal areas.

China's vast midwest regions are showing signs of developing at a faster pace than
its eastern coastal cities.

Du Ying, Vice Minister of National Development and Reform Comm. said "This is the first time in 30 years, we see this as a symbolic and very important change. It shows that the mid-west areas' capability to improve by themselves has been increased."

Du also says that during the 12th five year plan, the transformation of industries will continue. And that period will probably become the one with the fiercest competition in productivity layout.

But Du also warns that when the industries are transformed to midwest areas, we need to make sure that the transformation of the industries is not only about changing the location of factories.

There needs to be a capacity for production, strict guidelines for industry, and plans to avoid heavy-polluting industries.

Editor:Xiong Qu |Source: CNTV.CN

No comments:

Post a Comment