'No plans to close factories in Guangdong'
By Qiu Quanlin | China Daily | Updated: 2009-03-07 07:54
Authorities in Guangdong will not "intentionally" close labor-intensive firms, as they play an important role in the province, Governor Huang Huahua said on Friday.
"Under the current economic situation, labor-intensive firms are a necessary part of the industrial structure," he told reporters on the sidelines of the National People's Congress session in Beijing.
Reports last year said a large number of such firms in Guangdong, especially in the Pearl River Delta, would face closure as the province sought to introduce more hi-tech companies.
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