Economy

Vice Premier calls for revitalization of Northeast China's industrial base

(Xinhua)
Updated: 2010-04-19 11:20
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BEIJING - Chinese Vice Premier Li Keqiang urged more efforts to expand domestic demand and restructure the economy to revitalize the old industrial base in Northeast China.

Li made the remarks during an inspection tour to northeast China's Liaoning province between Wednesday and Saturday.

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Urbanization, which in itself is a kind of economic restructuring, offered great potentials for expanding domestic demand, Li said.

He also stressed the role of scientific and technological innovations in transforming the economic development mode and creating new advantages in competition.

Improved livelihood of the people is a major symbol for the revitalization of the old industrial base, said Li, urging local governments to step up efforts to improve people's well-being in the process of economic development.