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Chinese Vice Premier Stresses Rise Of Central China
Changsha, China (XNA) Sep 28, 2006 Chinese Vice Premier Wu Yi has called on the six provinces of central China to take the initiative in endeavoring to become a new rising social and economic force in the country. The development of the central region was a major part of the government's strategic development plan and of profound significance to improving China's opening-up and building a harmonious society, she said at the First Central China Investment and Trade Expo in the capital of Hunan Province. Central China, comprising the provinces of Shanxi, Anhui, Henan, Jiangxi, Hunan and Hubei, should continue economic restructuring to develop an energy-efficient and environment-friendly economy, she said. They should take the initiative to play a role in the supply chain for multinationals and businesses in coastal regions, accelerate the construction of grain production and high-technology bases, energy, raw materials and modern equipment manufacturing as well as foster tourism. She called on local governments to cultivate a "soft investment environment" by protecting intellectual property rights and creating a fair competitive environment for both domestic and foreign investors.
Source: Xinhua News Agency Community Email This Article Comment On This Article Related Links The Economy The Economy
Three quarters of Chinaese economy will non-state owned by 2010
Beijing (AFP) Sep 22, 2006Three quarters of Communist China's economy will be non-state-owned by the end of this decade, state media reported Friday, citing the nation's top think tank. The figure is up from last year, when 65 percent of gross domestic product (GDP) was produced by private or semi-private entities, the China Daily said, quoting an annual report by the Chinese Academy of Social Sciences. |
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