Pol­icy to en­cour­age lo­cal de­vel­op­ment

China Daily (USA) - - POLICY REVIEW -

The State Coun­cil re­cently an­nounced sup­port­ive poli­cies to help the de­vel­op­ment of ar­eas where cen­tral de­vel­op­ment-ori­ented poli­cies have been well im­ple­mented. For ex­am­ple, the cen­tral govern­ment will ear­mark more funds to sup­port the eco­nomic re­struc­tur­ing of prov­inces that have met the tar­get to curb ex­ces­sive steel and coal pro­duc­tion ca­pac­i­ties.

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