The development of the coastal economic belt of Liaoning is of great importance for regional cooperation throughout Northeast Asia, according to a number of leading commentators. The comments come in the light of the State Council recently approving a plan to boost the development of the region's coastal area.
The State Council's decision to designate the development plan for the coastal area of Liaoning as a State-level strategy is set to have a profound impact on the economic development of Northeast Asia, a high ranking official in Dalian said.
On July 1, a State Council meeting, presided over by Premier Wen Jiabao, approved the development plan of the coastal economic belt in Liaoning province. This economic belt includes Dalian, Dandong, Jinzhou, Yingkou, Panjin and Huludao, six cities situated along the coast of Liaoning province.
Authorities of the Dalian Economic and Technological Development Zone plan to attract more world-class projects by 2012 while building three industrial clusters with industrial output of 100 billion yuan each, according to Zhang Shikun, director of the zone's administrative committee.
As China's auto industry continues to set records, authorities at the Dalian Free Trade Zone are making plans to become a vehicle export center as well as the nation's largest international energy port, according to Lu Lin, head of the zone's administrative committee.
Xu Changyuan is nothing if not optimistic - and ambitious. The director of development at Dalian's Changxing Island expects the island's GDP to rise more than 600 percent from 1.12 billion yuan in 2008 to 130 billion yuan by 2020.
Founded more than a decade ago, the Dalian Hi-tech Zone has matured enough to now serve as a flagship for the greater coastal economic zone, according to the vision of Luan Qingwei, director of the zone's administration committee.
Huayuankou is emerging as a star in Dalian as it moves to become a State-level new materials base.
An enthusiastic Jiang Yikang, secretary of the Shandong Committee of the Communist Party of China, has only one message for those still in doubt that the Chinese economy has weathered the international financial storm: "The stimulus policies and other financial incentives launched by local and central governments have paid off!"
Last year Shandong became only the second province to achieve a GDP of more than 3 trillion yuan. With a growth of some 12.1 percent - particularly impressive against the backdrop of financial uncertainty that bedeviled many of the world's economies - the eastern coastal province posted a 2008 GDP of 3.11 trillion yuan, an achievement previously only matched by Guangdong, traditionally China's most prosperous province.
As part of its commitment to maintaining a vibrant and cohesive development strategy, the provincial government of Shandong has unveiled a far-reaching program aimed at stimulating 10 of its key industries.
A province-wide move toward greater urbanization has been one of the key by-products of rapid economic development throughout Shandong. The eastern coastal province, one of the most prosperous in China, has now embraced the process and identified it as a key part of its growth strategy.
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