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Industrial diversity pays benefits

By Wang Yanfei | China Daily | Updated: 2016-02-26 08:06

Provinces with ties to old business structure are lagging in development

Who says China's economic transition is not making quick progress?

A study of geography shows that some provinces and cities that used to depend heavily on mining and big smokestack industries are losing ground to provinces with more diverse business structures or those that are able to attract more visitors and investors from elsewhere.

Industrial diversity pays benefits

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