Date
18 October 2017

Measures to rejuvenate northeast out this year, paper says

The government may unveil measures this year to support industrial rejuvenation in China’s northeastern provinces, Shanghai Securities News reported Wednesday, citing sources close to the National Development and Reform Commission. Also on tap are policies to speed up reform of state-owned companies and assets. The three northeastern provinces — Liaoning, Jilin and Heilongjiang — posted a combined gross domestic product (GDP) of 3.6 trillion yuan (US$593.89 billion) in the first three quarters last year, up 8.6 percent year on year. The figure is higher than the national GDP growth rate for the same period, the report said.

– Contact HKEJ at digest@ejinsight.com

EL/AC/RA

 

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