Premier Li: Fast-track growth of central China
December 08,2016   By:Xinhua
Dec. 8, 2016 -- China is publishing a five-year guideline on invigorating development of its six central provinces in advanced manufacturing, modern agriculture, new type of urbanization, further opening-up, as well as ecological conservation.
The new guideline was approved at the State Council's executive meeting on Wednesday. Premier Li Keqiang presided over the meeting.
"Our strategy to boost westward growth has not changed," Li pointed out. "Yet recently there has been a divergence in development between southern and northern China. Meanwhile, each of the six central provinces has its own conditions. It is necessary to improve coordination across regions so that the central region can truly play a pivoting role in China's economy."
China's central region comprises six provinces, including Henan, Shanxi, Hubei, Anhui, Hunan and Jiangxi. These areas have rich land and agriculture resources and are abundant in human resources while being well-developed industrial base.
The central government has placed heavy emphasis on the region's development. Premier Li has highlighted time and again on the area's rich potential, and the need for further reform and innovation to achieve sound growth.
He also pointed out in his government work report earlier this year that the government will improve the layout of development across regions and facilitate the rise of the central region.
The six provinces play an important role in maintaining China's growth momentum, he stressed.
China's previous guideline on central region's development, issued in 2006, has achieved significant results. Over the decade, the region has become China's heartland for food and energy raw material production, as well as a rising hub of modern manufacturing and transportation.
In 2015, the region contributes 20.3 percent of China's total GDP, while the figure was only 18.8 percent in 2005.
While China's economy is going through restructuring and industrial upgrading, the region now faces challenges in further retiring excess industrial capacity, reducing reliance on labor and investment, as well as technological innovation.
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