China to build industrial clusters along Yangtze River

Updated 2018-01-22 17:23:00 Xinhua

China will focus on building world-class industrial clusters for making electronics, high-end equipment, automobiles, home appliances and clothing along its longest river, sources said.

This year, the Ministry of Industry and Information Technology (MIIT) will make public a guideline for building industrial clusters in the Yangtze River Economic Belt, the Xinhua-run Economic Information Daily on Monday quoted an unnamed official as saying.

Creation of the clusters will be centered around cities with industrial capabilities and build on more than 100 development zones and industrial parks.

Wu Qi of the commercial bank research center of the Hengfeng Bank said the economic belt enjoys the advantages of cheap water transportation and close industrial cooperation.

"Building the five industrial clusters can give better play to the resources and development advantages of provinces and cities along the Yangtze River," Wu said.

The Yangtze River Economic Belt consists of nine provinces and two municipalities that cover roughly one-fifth of China's land. It has a population of 600 million and generates more than 40 percent of the country's GDP.

China issued a development plan for the economic belt in September 2016 and a guideline for green development of the belt in 2017.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58December 15 2018 16:39:41

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16December 15 2018 16:39:41

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18December 15 2018 16:39:41

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords