Western program new engine for growth

China Daily

China is betting on its western development program to lead a new round of economic growth as the government is mulling "differentiated" policies for the region that will feature huge spending on infrastructure, Premier Li Keqiang said on Monday. "We will roll out more preferential policies tailored for the western region concerning infrastructure projects, to accelerate the construction and upgrading of rail and road networks," he said. He made the remark during a meeting with heads of the western provinces in Lanzhou, capital of Gansu province. His comments coincide with a policy announced by the State Council on Monday to prioritize railway construction in the country's central and western areas as well as economically underdeveloped regions.

Leave a Reply

You must be logged in to post a comment.