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October 19, 2016

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Rejuvenating The Northeast

PREMIER Li Keqiang said yesterday that China is determined to use reform and innovation to rejuvenate its northeast rustbelt region.

Expediting the revitalization of the northeast is crucial to China’s economic restructuring, regional development and people’s well-being, said Li, who was chairing a State Council meeting on the rejuvenation of old industrial bases.

The provinces of Liaoning, Jilin and Heilongjiang in the northeast were among the first areas in China to become industrialized, featuring traditional industries including steel, automobiles, shipbuilding, aircraft manufacturing and petroleum refining.

However, the slowdown there is more acute than elsewhere.


 

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