Date
17 July 2018

Govt launches trial of industry relocation scheme, paper says

The Ministry of Industry and Information Technology has selected Shanghai, Henan, Sichuan and Gansu for a trial scheme on industry relocation, the Economic Information Daily reported Wednesday. At the four pilot areas, authorities will carry out in-depth assessment to gauge if obsolete capacity is weeded out and if environmental requirements are met when industrial firms relocate from one region to another. Based on the results of the year-long trial, the government will extend the program throughout the eastern, northeastern, central and western regions, the report said.

– Contact HKEJ at [email protected]

EL/AC/CG

 

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