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Vice Premier urges greater development of central regions

(Xinhua)

09:41, May 19, 2012

CHANGSHA, May 18 (Xinhua) -- Vice Premier Wang Qishan said Friday that the development of central China will be an important part of the country's efforts to restructure its economy, expand domestic demand, transform its growth pattern and realize sustainable development.

Wang made the remark at an investment and trade expo that kicked off Friday in Changsha, capital of central China's Hunan province.

With one-fourth of the nation's total population, the central provinces of Shanxi, Henan, Anhui, Hubei, Hunan and Jiangxi account for one-fifth of the nation's economy and have become a major support for China's overall social and economic development, Wang said.

The vice premier urged central regions to boost the development of city agglomerations, as well as speed up the construction of transportation hubs and industrial bases for grain, energy, raw materials, equipment manufacturing and high-tech products.

Wang also called on the provinces to actively promote environmental protection efforts and further open up their markets.

Meanwhile, local authorities have been advised to give support to the establishment of small financial institutions so that credit for agriculture-related entities and small firms can be better secured.

Wang urged local authorities to enhance their efforts to protect intellectual property rights and crack down on counterfeiting.

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