Central Region Development to be Accelerated

16/12/2016

​chinaurbanisationnews

Image: wushan.gov.cn

A plan to boost development in the country's central region for the 13th Five-Year Plan period (2016-2020) was passed by China's State Council on Wednesday.

The meeting detailed major tasks for the plan, including guiding the transfer of industries from more developed coastal regions to inland central regions.

Accelerating the rise of central regions is of great importance to supporting China's medium-high economic growth, according to Premier Li Keqiang.

China will guide and support some industries in southeastern coastal areas that meet environment standards, as well as production bases for well-known brands, both foreign and Chinese, to move to central regions.

To further promote the opening up of central regions, the government will accelerate implementation of reform measures piloted in the country's free trade zones.

The cabinet also stressed coordinated urban-rural development and environmental protection, with conservation projects planned to safe guard forests and wetlands.

All-out efforts will be made to rid the regions of poverty and help resource-depleted cities transform their growth patterns, according to the statement.

The plan came as the government seeks to build infrastructure and transfer industry to less-developed regions to support growth while reducing regional disparities.

​China's economy expanded 6.7 percent in the third quarter, unchanged from the previous two quarters, but still under downward pressure.





Read article at: chinadaily

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