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China issues high-quality development plan for Liaoning coastal economic belt

Updated: Sep 18,2021 21:00 PM

China’s State Council approved a plan to promote high-quality development of the Liaoning coastal economic belt, according to a circular released on Sept 18.

The plan should aim to promote high-quality development in the Liaoning coastal economic belt, focus on supply-side structural reform, take reform and innovation as the fundamental driving force, and feature green and low-carbon development, said the document.

The plan should encourage the Liaoning coastal economic belt to vigorously develop the marine economy, accelerate modern industrial systems, improve mechanisms for coordinated development between regions, and pursue a higher level of opening-up, according to the document.

The plan must help the economic belt actively participate in the Northeast Asia economic circle, and enhance its competitiveness in international economic and trade cooperation, in order to achieve groundbreaking progress in ramping up the revitalization of Northeast China.

The Liaoning provincial government must take the leadership in implementing the plan, and establish and improve a coordinated mechanism on high-quality development among coastal cities. Specified work plans should be made to identify tasks and responsibilities. Major policies, projects, and programs involved in the plan must be reported for approval.

Relevant departments of the State Council should strengthen support and guidance for high-quality development of the Liaoning coastal economic belt, and the National Development and Reform Commission should follow and review the plan’s implementation.