Gansu to Build 10 Export Production Bases

Northwest China's Gansu Province has pledged to build 10 export-oriented production bases in the upcoming five years.

The bases will produce large-screen color display screens and liquid crystal screens, new materials, electronic and network products, farm produce, biological and medical products, fine chemicals, machines and farming tools.

The government decision to establish the 10 export-oriented production bases was made on the basis of foreign trade growth in the country's Ninth Five-Year Plan period (1996-2000) and changing market demand, said an official with the provincial Economic and Trade Commission.

Upon completion of the production bases, the annual export value of Gansu will be doubled and will be able to keep up with the growth of the national rate, he added.

Meanwhile, Gansu will push ahead with reforms of foreign trade systems, including opening foreign trade enterprises to overseas investors and expanding the power of management of non-public enterprises.






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