Latest News:  
Beijing   Sunny    31 / 20 ℃  City Forecast

English>>China Business

China drafts guidelines for central economic zone

By Li Jiabao  (China Daily)

13:15, August 15, 2012

The central government has recently started drafting out guidelines to establish the Central Plains Economic Zone, or the Zhongyuan economic zone.

The main part of the zone is preliminarily located in Central China's Henan province and includes areas in the neighboring provinces of Shangxi, Shangdong, Heibei and Anhui, the Economic Information Daily reported on Aug 14 citing Fan Hengshan, director of the Regional Economy Department of the National Development and Reform Commission.

The zone covers an area of 290,000 square kilometers with a population of about 170 million. The guidelines will apply until 2020 in two phases.

The State Council put forward a document in November to guide the development of the zone focusing on industrialization, urbanization and agriculture modernization.

The central government will also provide fiscal support to Henan province, especially to major grain production counties, and will increase subsidies to farmers. Projects, including those related to agricultural infrastructure, will benefit grain production areas.

News we recommend:
Has the bear outstayed his welcome? Steel profits continue to suffer China has entered an era of low consumer prices
Firms should watch out for Internet threats China's property market to cool down: experts Why have people lost trust in data and indices?
US takes trade remedy actions against China  Chinese prefer foreign brands Mascot maker feels pinch of rising labor costs


Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Chinese navy ships visit Israel's Haifa Port

  2. Japan nuclear disaster causes mutant butterfly

  3. A ruling in Europe gives cheer to China

  4. Art festival of "Switch on Beijing 2012"

  5. Dong Jie as rugby coach on Women's Health

  6. Creepy parasites in human bodies

Most Popular

Opinions

  1. Africa more attuned to partnership with China
  2. Japan's abstaining from shrine visit positive
  3. A ruling in Europe gives cheer to China
  4. Syrian crisis: clash between foreign powers
  5. Commentary: Banks need new culture
  6. Asian slowdown leaves Europe pondering
  7. Be wary of Japan’s radical acts on Diaoyu
  8. Editorial: Stable but slower growth
  9. Firms should watch out for Internet threats
  10. Why have people lost trust in data and indices?

What's happening in China

Officers describe shooting of armed robber suspect

  1. Web giants vow to eradicate online pornography
  2. Changyu wine products involved in pesticide rumor
  3. Historic palace site to be elevated
  4. Fire breaks out in Jiangsu pesticide factory
  5. Tropical storm Kai-Tak approaches south China

China Features

  1. Green is sustainable power for development
  2. How to remove odor on tableware?
  3. Be aware of air conditioning pollution
  4. People's Daily: World trade faces downside risks
  5. The Untold Stories on China's Sports Field

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai