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China's future powerhouses

(China Daily)
Updated: 2010-03-22 10:02
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Wanjiang River Urban Belt

China's future powerhouses

The Wanjiang River Urban Belt of Anhui province is the first and only area that has been approved by the central government as a national-level industrial transfer demonstration zone. It has been given priority to "act first and try first" by central government and was positioned as an important driving force for central China's economic growth and a base for advanced manufacturing and services. With its geographical advantages and comprehensive competitiveness in cost and industrial base, the area is a good choice for companies based in the Yangtze River Delta that want to transfer or expand to other areas. Equipment manufacturing, raw material industry, textiles, high technologies, modern services and modern agriculture have been highlighted as six pillar industries. The zone includes nine cities and two counties, and Hefei and Wuhu will be two core leaders. It's expected that by 2015 the area's gross domestic product (GDP) will double that of 2008.