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Friday, June 23, 2000, updated at 08:53(GMT+8)
Life  

China's East and West to Reduce Economic Gap

The gap in economic development between China's eastern and western regions will be sharply reduced within 30 years, a report released on June 22 by the Chinese Academy of Social Sciences (CASS) predicted.

The per-capita GDP of the western areas will reach 3,000-5,000 U.S. dollars according to current value of money in 2030, said the report conducted by the CASS's Institute of Econometrics and Techno-Economics.

"People will lead a comparatively well-off life," after the western development plan has been underway for a few decades, the report claimed.

In the next 30 years, western China is scheduled to build a complete infrastructure network in industry, education and information as well as a convenient communication network between cities, said the report.

The manufacturing industry will rely on knowledge and technology rather than on resources. Agriculture and forestry will become more eco-friendly, the report said.

In the first phase, from 2000 to 2010, China will focus on creating a favorable environment for investment and try to narrow the income gap between east and west.

The report predicted that the underdeveloped western areas will wipe out poverty in the 2006-2010 period and secure the money needed for further development.




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The gap in economic development between China's eastern and western regions will be sharply reduced within 30 years.

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