China mulls economic belt along Yellow River

By Liu Baijia and Han Lei (chinadaily.com.cn)
Updated: 2009-07-04 15:44

China is considering a plan to establish a coastal economic belt in East China's Shandong Province, a provincial official said at a high-profile think tank summit in Beijing on Saturday.

The National Development and Reform Commission, the country's top planning agency, is studying the feasibility of setting up the Yellow River delta economic area, Wang Junmin, vice governor of Shandong Province, said.

The central government gave the go-ahead last week to the Liaoning economic belt. Previously, the country has approved coastal areas in east China's Jiangsu, the Beibu Bay in Guangxi and the economic zone on the western side of Taiwan Straits in Fujian province.

To cope with the current economic crisis, Shandong Province, one of the country's economic powerhouses, has invested some 1.3 trillion yuan ($190.3 billion) in more than 4,000 projects.

News Flash

• Ideas supporting China-US partnership important
• Expert: Protectionism under new name short-lived
• Think tank summit concludes with calls for more co-op
• China retains foreign trade advantages: official
• China's steel demand in 2009 may surpass 2008
• Anti-protectionism announcement made at think-tank summit
• Economist: China's imports decline not due to protectionism
• Foxconn industrial output booming
• China mulls economic belt along Yellow River
• Expert calls for harsher punishment on trade protectionism cases

Organizer

Supporters