China to encourage labour intensive programs to go inland
Q. China will encourage which industries to relocate inland?- Published on 26 Dec 16a. Labour intensive
b. Capital Intensive
c. Manufacturing
d. IT
ANSWER: Labour intensive
China aims to encourage labour intensive manufacturing industries located across the eastern coast to relocate inland, as per a 2016-2020 plan to develop the economy of western regions.
- The country’s cabinet, the State Council approved the western development 5 year plan on 23rd Dec 2016, according to the official government website on 25th Dec 2016.
- China’s rapid economic development has been, over the past 4 decades, skewed heavily towards the eastern coast.
- Beijing has been aiming to correct the imbalance to promote growth in politically crucial and energy rich western regions such as Yunnan and Xinjiang.
- It will also ease environmental pressures in eastern regions including the congested Peal and Yangtze river deltas.
- China will continue to implement the measures aimed at reducing the tax burden in the west for cutting the cost of doing business.
- West will promote new forms of urbanisation and industrialisation and pay attention to protecting the environment and scarce water supplies, which have halted development here.
