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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4709)	4/13/2005 7:48:07 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China launches 10 key projects in western China in 2004: white paper China launched 10 major projects involving 80 billion yuan (9.6 billion US dollars) of total investment in 2004 to develop its less developed western region, says a white paper released here Wednesday by the Information Office of China's State Council. The white paper, titled China's Progress in Human Rights in 2004, says increased financial input from the state has brought about rapid economic and social development in ethnic-minority areas and continuously improved the living standard of ethnic minority peoples. According to the white paper, to accelerate the development of China's western regions and ethnic autonomous areas, the Chinese government launched a grand strategy for the development of western China in 2000, which covers five autonomous regions, 27 autonomous prefectures and 83 of the 120 autonomous counties ( banners). In addition, three other autonomous prefectures are allowed to enjoy the preferential policies the state has adopted for the western regions. During the five years since the kickoff of the strategy for the development of the western part of the country, the construction of 60 key projects has begun, involving a total investment of 850 billion yuan (102 billion dollars). In 2004, the state started ten major projects to develop western China, with a total investment of 80 billion yuan (9.6 billion US dollars) and covering the fields of transportation, energy, education and public health. According to statistics, in 2004, the GDP of the Inner Mongolia Autonomous Region, Guangxi Zhuang Autonomous Region, Tibet Autonomous Region, Ningxia Hui Autonomous Region and Xinjiang Uygur Autonomous Region was 271.2, 332, 21, 46 and 220 billion yuan, respectively, representing increases of 19.4, 11.8, 12.4, 11, and 11.1 percent respectively over the previous year. The white paper says that China continues its efforts to invigorate the border areas and help people in those areas become wealthy. In addition to the areas where pilot projects had been launched, in 2004, the state designated another 37 counties for special support. From 2000 to 2004, a total of 264 million yuan from the central treasury was allocated to invigorate border areas and make their residents better off. Funds from other sources across the country totaled more than 15 billion yuan, and they were used for the construction of more than 20,000 projects. english.people.com.cn