Reform SOEs to revitalize Northeast China
To revitalize the northeast of China, we should first analyze the problems of its undesirable development nowadays.
Thanks to its fertile black earth, Northeast China has abundant natural resources, which enabled the region to achieve self-sufficiency in the agricultural era.
But its abundant natural resources also caused dependence on its long-term resource-oriented development that undermined the pursuit of other growth paths and innovation capacity. Meanwhile, the unique meteorological conditions of the region, especially the cold weather in winter, means people have developed a lifestyle that only works for half a year. Once the region's resource advantage disappears, development in local areas may fall into a passive position.
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