China joined a worldwide effort to salvage its economy from being shattered by the devastating financial turmoil. Since the very beginning of this year, it has been working out a string of revitalization plans to bols...China joined a worldwide effort to salvage its economy from being shattered by the devastating financial turmoil. Since the very beginning of this year, it has been working out a string of revitalization plans to bolster the nation’s backbone industries, including autos, iron and steel, shipbuilding, petrochemical, textile, equipment manufacturing, electronic and IT, nonferrous metals and light industries. By a rough estimation, those heavyweights jointly produce one third of China’s gross domestic product (GDP), create 80 percent of all added value of the industrial sector, and account for 35 percent of the nation’s tax revenue. In this issue, Beijing Review analyzes four of those plans, offering our readers a quick glimpse of how China intends to revive its flagging economy.展开更多
文摘China joined a worldwide effort to salvage its economy from being shattered by the devastating financial turmoil. Since the very beginning of this year, it has been working out a string of revitalization plans to bolster the nation’s backbone industries, including autos, iron and steel, shipbuilding, petrochemical, textile, equipment manufacturing, electronic and IT, nonferrous metals and light industries. By a rough estimation, those heavyweights jointly produce one third of China’s gross domestic product (GDP), create 80 percent of all added value of the industrial sector, and account for 35 percent of the nation’s tax revenue. In this issue, Beijing Review analyzes four of those plans, offering our readers a quick glimpse of how China intends to revive its flagging economy.
