Advanced Search

Related News

Home » Business » Economy

Yancheng wants to step out with Shanghai

By Wang Yanlin | June 30, 2009, Tuesday | Online Edition

YANCHENG in Jiangsu Province plans to improve cooperation with Shanghai and turn Yancheng into a base for advanced manufacturing, new energy, modern agriculture and tourism.

It also expects to attract more overseas investment, especially from Japan, South Korea, Hong Kong and Taiwan, through providing an abundant labor force at lower prices and making transport more convenient.

"We hope to take advantage of the opportunities offered as China integrates the development of cities in the Yangtze Delta region to accelerate our growth," said Li Qiang, Mayor of Yancheng, today in Shanghai.

The State Council, China's Cabinet, on June 10 endorsed Yancheng to be a nation-level strategic city for developing coastal areas in Jiangsu Province and this offered unprecedented opportunities for the city to speed up its progress, said Li.

Yancheng will shore up efforts in developing its production of vehicles, wind power and plans to build a wetland national park to boost tourism.

Located within a two-hour drive from Shanghai, Yancheng has potential for rapid development as it covers 17,000 square kilometers, making it the biggest provincial city in Jiangsu. With a population of 8.1 million, Yancheng is the second most populous city in the province after Xuzhou.

Yancheng is also rich in natural resources. It has a 582-kilometer coastline and huge reserves of natural oil and gas. With the Pacific Ocean at hand, the city can develop wind power.

Yancheng's gross domestic product grew to 160 billion yuan (US$23.4 billion) last year, nearly triple the amount in 2000. It was ranked the 83th most competitive city in China.











Economy


 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend