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Tuesday, August 01, 2000, updated at 16:07(GMT+8)
Business  

Mass Projects to Accelerate Beijing Economic Growth

The Beijing municipal government has officially launched its mass program aiming at expediting the metropolis's economic and social advancement.

Under the program, known as the Two-Four-Eight Project, there will set up two systems, four bases and eight demonstration projects.

The two systems are the systems of service and technological innovation, the four bases are the bases of software, micro- electronics, bio-medicine and new materials industries, and the eight demonstration projects are mainly for hi-tech industrialization, including those on digital products, high- resolution television industry, clean energy, green food, water resources, and ozone protection.

With the completion of the program, Beijing is expected to catch up with those comparatively developed countries in industry and agriculture in five years and the hi-tech industry will become the core of the Capital's economy, official in charge of the program said.




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The Beijing municipal government has officially launched its mass program aiming at expediting the metropolis's economic and social advancement.

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