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Interior to develop six major industries

10 March 2010
China’s new 10-year development plan for the interior will shift focus from driving economic growth to developing six major industries most suitable to the region, according Mr Wang Jinxiang, former deputy director of the State Commission for Reform and Development. The six industries are energy and chemicals, mining and processing, capital equipment, high technology, agricultural and husbandry produce, and processing and tourism.

The plan, still being fine-tuned by the commission, has already gone through several drafts, Mr Wang said. The central government will continue to focus its investment in infrastructure and environmental protection, with additional tax incentives.

Mr Wang said that the first 10 years of the government’s Go West campaign had facilitated an average annual GDP growth rate of 11 per cent in the interior provinces.
     
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