久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

China's rust belt need reform

(Xinhua) Updated: 2015-02-17 10:08

BEIJING - Though the Chinese economy as a whole is restructuring for quality growth, its old industrial heartland seems to be missing the party.

The world's second largest economy slowed to a 24-year low of 7.4 percent last year amid efforts to diminish reliance on investment and low-end manufacturing. The country's traditional manufacturing base in the northeast has seen growth slow even more dramatically.

Despite a cooling economy, jobs are holding up well and consumption is contributing more to growth for China. But a much steeper slowdown in three northeastern provinces is a disturbing sign that China's rust belt is still stuck in the old growth model as the nation gears up for a transformation.

Economic growth of the northeastern provinces of Liaoning, Jilin and Heilongjiang trailed behind the national average last year, at 5.8, 6.5 and 5.6 percent respectively.

The northeast was among the first regions in China to become industrialized last century. State-owned companies have played a dominant role in the region's heavy industry. A revitalization plan helped the region bounce back to lead economic growth after the central government reformed its inefficient state sector in the late 1990s.

But weakened overseas demand and falling commodity prices over the past year took a fresh toll on the region's economy and led to a slowdown that once again exposed regional economic problems that previous government rescues have failed to address.

In Jilin, a local subsidiary of China's largest state-owned oil producer, PetroChina, reported heavy losses as oil products piled up in its warehouses.

In neighboring Heilongjiang, state-owned coal company Longmay is struggling with government subsidies after a whopping 5 billion yuan ($800 million) loss last year.

In the coastal city of Dalian in Liaoning province, workers at state-owned Dalian Shipbuilding Industry Co Ltd are busy finishing an offshore oil drilling platform, which the company's deputy general manager Yin Xuelin said is their only order in the past 13 months.

Vestiges of the old planned economy are stalling efficiency gains in the northeast. An underdeveloped private sector cannot cushion the impact of slowing manufacturing activities in the region's state firms.

While market-based reforms are granting more freedom to entrepreneurs and boosting productivity in more developed regions, they have progressed slowly here.

Foreign equipment in the factories of state firms also points to their lack of proprietary technology, putting these firms at a disadvantage in global competition.

It is tempting for officials to blame weak overseas demand and tapering investment for the region's problem. But a consensus has emerged from the local business community that the region needs to cultivate a more supportive environment for innovation and accelerate market reforms.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 色站综合 | 久久久999国产精品 久久久99精品免费观看 | 91国偷自产一区二区三区 | 国产精品合集久久久久青苹果 | 亚洲精品国产一区二区在线 | 成年男人午夜片免费观看 | 57pao强力打造手机版 | 亚欧色视频在线观看免费 | 欧美一级情欲片在线 | 日韩精品国产一区 | 成人久久18免费网站游戏 | 美女黄视频在线观看 | 日本丶国产丶欧美色综合 | 中文字幕一级毛片 | 欧美全免费aaaaaa特黄在线 | 中文字幕国产专区 | 欧美一级毛片在线播放 | 黄色毛片免费看 | 日韩精品一区二区三区中文字幕 | 福利社在线视频 | 欧美巨乳在线观看 | 一级毛片免费观看 | 中文字幕一区二区三区精彩视频 | 美女张开腿让男人桶爽免 | 国产特黄一级毛片特黄 | 久久毛片视频 | 亚洲男人的天堂久久精品 | 免费人成在线观看播放国产 | 国产精品久久久久久福利 | 国产精品国产三级在线高清观看 | 成人精品国产 | 国产手机国产手机在线 | 国产香蕉成人综合精品视频 | 国产区久久 | 美国人成毛片在线播放 | 亚洲一级在线观看 | 一区在线视频 | 色欧美与xxxxx| 久久久久99精品成人片三人毛片 | 996re免费热在线视频手机 | 久久草在线视频 |