Revitalizing the Northeast
China is determined to use reform and innovation to rejuvenate its northeast region, Premier Li Keqiang said at a State Council meeting on October 18.
Expediting the revitalization of the northeast is crucial to China’s wider economic restructuring push, regional development and the people’s wellbeing, said Li, who chaired a State Council meeting on the rejuvenation of old industrial bases.
The provinces of Liaoning, Jilin and Heilongjiang in the northeast were among the first areas in China to become industrialized, featuring traditional industries including steel, automobiles, shipbuilding, aircraft manufacturing and petroleum refining.
However, this once robust industrial base is experiencing a more acute slowdown in economic expansion than the rest of the country, trailing well behind in terms of GDP growth.
Noting that the northeast should reverse the downward trend, Li stressed the importance of promoting employment, improving people’s well-being and maintaining