Before a small fishing village, the town of Dalian Bay at the confluence of the Yellow and Bohai seas will develop into an important equipment manufacturing center of northeast China, according to local officials.
The Zhuanghe Port Economic Zone between Dalian and Dandong is set to be an important link in the Liaoning coastal economic belt through further development of petrochemicals, metallurgy, shipbuilding, equipment manufacturing, new materials, IT and bioengineering, according to provincial government plans.
The Dengshahe Port Industrial Zone will focus on the development of steel industries after it was included in the Liaoning coastal economic belt in May this year.
Authorities in Dalian have outlined a plan to develop the northeastern coastal city into one of the financial centers of Northeast Asia.
Dalian has scored top marks in its region in the first ever China Financial Center Index (CFCI), according to figures released by the Comprehensive Development Institute (CDI) earlier this year. The CDI is a State Council-authorized research and advisory body and will now produce the index on an annual basis.
An innovative new plan for the development of Liaoning's coastal economic zone was discussed and approved at the executive meeting of the State Council in July, boosting Dalian's prospects of gaining recognition as an international shipping center.
Although most of China adopted its hugely successful "opening up" policy almost 30 years ago, some isolated pockets of the country have remained relatively untouched by its reforms and developments. One such place was the Changshan Archipelago in Dalian's Changhai county, but now this largely unspoilt island group, set in northeastern China, has finally been approved for partial opening up.
To help the country shift toward a path of reduced carbon emissions, China's top legislature is planning to amend a law to remove a bottleneck in the development of renewable energy projects.
Residents of Qingdao's Haizhiyun neighborhood were the first on the Chinese mainland to have their homes fitted with a system that uses seawater to flush toilets.
A Chinese government think tank is considering recommending financial tools to curb energy-sapping and heavily polluting industries.
Industry consolidation and restructuring are on top of the mind for Chinese automobile firms as the sector prepares itself for what would be a milestone year, which could also see more companies spreading wings abroad and acquiring prestigious international brands.
Mergers and acquisitions are nothing new in the global automotive industry, but what is truly groundbreaking is that, for the first time, Chinese firms are playing a pivotal role in this process.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
