Free Trade Zones

China specifies measures to boost development in central region



TAIYUAN, May 21 (Xinhua) – China will continue to step up support for high-quality development in its central region, an official said on Friday.

The country will further facilitate movement in the market and unleash the consumption potential in the region, Wang Shouwen, vice minister of commerce, said at the 12th Expo Central China in Taiyuan, capital of north Shanxi province. from China.

Efforts will also be made to maximize the functions of pilot free trade zones and national economic development zones to make the region a new plateau of openness, Wang added.

While improving the business environment to attract more foreign investors, China will encourage this domestic region to intensify international cooperation in the fields of technology, resources and energy, and create more industrial clusters, did he declare.

The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting at the end of March to discuss a directive on promoting high-quality development of the central region in the new era.

Promoting high-quality development of the central region is of global importance as it has rich resources, well-developed transport networks, a strong industrial base and massive development potential, according to the meeting.