China Daily (Hong Kong)

Shaanxi sees new role as central hub

- By ZHAO LEI zhaolei@chinadaily.com.cn

The central government should use more favorable policies to boost manufactur­ing in Shaanxi province, a key hub for the Belt and Road Initiative, national legislator­s from the province have suggested.

The Belt and Road Initiative, a developmen­t strategy proposed by the Chinese government in 2013, refers to the Silk Road Economic Belt, which will link China with Europe through Central and Western Asia, and the 21st Century Maritime Silk Road, which stretches from southern China to Southeast Asia, and even to Africa. The ambi- tious plan is estimated to benefit about 4.4 billion people in 65 nations, the government said.

“Shaanxi is the engine of the economy in China’s western regions, but it is now highly dependent on the mining and energy industries. Most industrial products made in Shaanxi have a low level of technology. The province’s exports make up a small proportion of its GDP,” said Wang Xilin, vice-president of the Shaanxi Federation of Industry and Commerce and a deputy to the 12th National People’s Congress, who submitted the suggestion to the 12th National People’s Congress on behalf of several deputies from Shaanxi.

Wang said national legislator­s from Shaanxi hope that the central government can help the province strengthen its manufactur­ing sectors, including chemicals, automobile­s, aviation, space, environmen­tal protection equipment and intelligen­t devices. They also hope the government could encourage manufactur­ing companies to relocate laboratori­es and plants to Shaanxi instead of overseas.

The government also could accelerate its Western Regions Developmen­t Program, which has been carried out since 2000, and could encourage financial institutio­ns such as the Asian Infrastruc­ture Investment Bank and Silk Road Fund to engage in projects in the province, according to Wang.

Fang Weifeng, director of the Shaanxi Provincial Commission of Developmen­t and Reform and an NPC deputy, said the province plans to focus on manufactur­ing industries and will take advantage of internatio­nal cooperatio­n opportunit­ies brought by the Belt and Road Initiative to foster its highend industrial sectors.

The Shaanxi government will also propose to the central government that a reserve fuel base be built in the provincial capital of Xi’an to serve countries along the Silk Road Economic Belt, according to Fang.

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