Empowering High-Quality Development in the Yangtze River Delta Region
China Today (English)|October 2020
CHINESE President Xi Jinping has encouraged local talented personnel, technology experts, advanced manufacturing businesses, and those involved in complete industrial chains in the Yangtze River Delta region, to explore new development paths amidst shrinking global demand. Xi was speaking at a symposium on advancing integrated development held in late August.
YE WEI, SHEN JIAXUAN & XU HAIYAN
Empowering High-Quality Development in the Yangtze River Delta Region

Stretching across Shanghai and provinces including Jiangsu, Anhui, and Zhejiang along with coastal eastern China, the Yangtze River Delta region is home to one of China’s major urban agglomerations. It plays a pivotal role in the economic growth of China and even the world.

On December 1, 2019, the central authorities of China issued a plan for the integrated development of the region, making it a national strategy. Measures rolled out in the plan aim to greatly reduce administrative barriers and enhance policy coordination, enabling a free flow of production factors in a broader area. The comparative strengths of each place in the region can also be fully leveraged for common development. With a more rational division of labor and stronger synergy, a greater boost will be given to high-quality development. A positive ripple effect will be generated across the neighboring regions, enabling more cities to share the benefits brought by the development of the Yangtze River Delta.

Common Development

Currently, restructuring industrial chains and transforming industries across the world are presenting opportunities for leapfrog development. The Yangtze River Delta region is taking the lead in building common development based on interconnectivity.

Shanghai is playing a leading role in the process and has made solid progress in coordinated industrial development and regional innovation. It is accelerating the construction of some major industrial projects that have a promising prospect and will generate widespread benefits. They will boost the synergy of the supply chains in the region and underpin high-quality development.

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Diese Geschichte stammt aus der October 2020-Ausgabe von China Today (English).

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