China to build advanced industrial hub

November 11th, 2011 - 12:38 pm ICT by IANS  

Beijing, Nov 11 (IANS) China will build an advanced industrial hub in coastal cities near Beijing.

The economic development plan covers the coastal cities of Qinghuangdao, Tangshan, and Cangzhou in north China’s Hebei province, Xinhua reported.

According to the National Development and Reform Commission, the region’s industrial infrastructure, advanced traffic and rich cultural legacy give it great potential to boost the development of Hebei’s coastal economy.

The plan will stress on the importance of environmental and ecological protection and the efficient use of resources.

The strategic position of the base will allow it to become a new engine for growth in the regions surrounding the Bohai Sea and serve as an expansion of industries in the nearby cities of Beijing and Tianjin, the statement said.

The State Council, or China’s cabinet, has approved a plan on this.

Related Stories

Tags: , , , , , , , , , , , , , , , , , ,

Posted in Business |

Subscribe