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| China's economic growth in west "cool" warm east |
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This spring, China's economic growth show "cool" of east west warming trend. The national bureau of statistics released recently that the operation index quarter in southern and eastern Chinese provinces, causing severe financial crisis seems to have stopped the pace of economic development in the western region.
Eastern guangdong economic province, zhejiang province 5.8% growth of GDP to 3.4%, below the national average of 6.1 percent overhead conveyor. 12 provinces and west gansu and ningxia, in addition to other provinces or autonomous regions, above the national average GDP, guizhou province, shanxi, economic growth, and reached a double-digit economic operation of the overall performance than 10 provinces of eastern.
From the west quarter, investment, a year-on-year growth of urban investment 46.1% by far the leader in eastern 19.8%.
Another important economic indicators, the industrial sector -- also revealed the same signal. First, the western region industrial added value of 11.8 average growth, far higher than the national average 5.1 per cent. Compared with this, the eastern region, 1-3 months of industrial added value more than the same period last year only 3.7%.
"Obviously, the financial crisis is narrowing the gap between provides opportunities!" State council development research center and the regional economic development strategy research fellow rongmin when accepting a reporter to interview.
He said, by relying on domestic demand in western financial crisis in the shock inevitably than a high degree of opening the eastern region. Relevant data shows, the western region in the total foreign trade import and export proportion, and less than 4% of the eastern provinces have been kept in 90% share.
On the other hand, the economic development in western China, this feature on the market just fit state to confront the financial crisis of policies.
Rongmin, said to the crisis, the government puts forward the control policy, and the growth of the primary goals of policy is expanding domestic demand. At present already four trillion in economic stimulus plan, infrastructure construction conveyor chain, the proportion of the maximum. Considerable funds for western region of traffic facilities construction, all these will be for the region's development positive influence.
The financial crisis has prompted the western region of eastern enterprises become "havens". Due to the labor resources, eastern rising cost of enterprise profit, and industry by compression and west to transfer the relatively low cost, broad market, to undertake transfer prepared good conditions.
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