China's "Go West" Strategy
China invests 577.8b yuan in new western projects2013-08-23
China invested 577.8 billion yuan (91.91 billion U.S. dollars) in new projects designed to support its western development strategy this year, the country's top economic planner said Wednesday.
Go-west project dusts itself off in arid plateau2013-08-23
As China is striving to boost domestic demand to save the economy from recession, Lanzhou New Zone, a newly approved State-level economic development area, is being constructed to become what local investors say will be "a golden opportunity that no one wants to miss".
Western region's economy growing faster2013-08-23
The western region of China is becoming the country's "new powerhouse" for economic growth, and will be given the resources it needs to continue developing its real economy, particularly its infrastructure, top governmental officials said on Wednesday.
China steps up west's opening2013-08-23
China plans to make a greater effort to develop the western region to balance regional development, and infrastructure investment will be a key part of the strategy, officials and experts said on Thursday.
"It's clear that the western region is now the key area for China's economic opening-up in a new era. A new round of western region development requires us to deepen the development," said Du Ying, vice-minister of the National Development and Reform Commission.
CSRC prioritizes IPOs of west China firms2013-08-23
China's securities regulator has given priority to enterprises from the country's western regions that are seeking approval for initial public offering (IPO), according to the China Securities Regulatory Commission (CSRC).
Eastern promise fades as western growth soars2013-08-23
Growth in central and western regions was stronger than the traditional coastal powerhouses in the first six months of the year.
The shift was due mainly to the transfer of technology and manufacturing, a focus on infrastructure and declining exports, analysts said.
Westward ho! for China's processing trade2013-08-23
Even though coastal cities in East China have long been the center of the country's processing trade, more and more such operations are being driven by increasing costs and sluggish overseas demand to move to the country's central and western regions.
Foreign firms encouraged to look westward2013-08-23
China encourages foreign companies to invest in the nation's central and western regions to meet increasing demand, Vice-Premier Li Keqiang said on Tuesday.
Foreign firms finding new fields2013-08-23
"It's time (for foreign companies) to concentrate on cities in the west of China and to invest in the region, which is becoming a new driving force for China's economy," said Wang Zhile, director of the Ministry of Commerce's research center of transnational corporations.
Industrial relocation unleashes growth potential in west China2013-08-23
Homesickness, arduous journeys and hurried farewells are common ills for China's vast population of migrant workers. But these hardships may disappear in the wake of industrial relocation initiatives designed to bring work closer to home.
China plans faster growth in western regions2013-08-23
The State Council, or China's Cabinet, said Monday that it has approved a plan aimed at accelerating development in the western regions through the end of 2015, a move to further narrow the country's development gap among different areas.