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Premier discusses industrial transfer

Updated: Mar 9,2015 2:20 PM     english.gov.cn

Premier Li Keqiang talks with delegates from Sichuan province in Beijing, March 8, 2015.[Photo by Wu zhiyi/China Daily]

Premier Li said the development of industrial transfer should mainly rely on market attractiveness - instead of requiring the government to make decisions.

He made the comments on March 8 during a conversation with deputies from Sichuan province concerning the Government Work Report.

Chengdu mayor Tang Liangzhi told the Premier he hopes more supportive policies - aimed at creating connections between Chengdu, Chongqing, Xi’an, and Kunming - will be implemented.

“This will form an economic circle, which will gradually become a new growth pole, “ Tang said.

The Premier suggested that a joint meeting system could be established - starting at the grassroots level of these cities.

“The government will provide public services and products, and will also increase investment in transportation and information infrastructure,” he said.

Tang suggested that China should facilitate industrial transfer.

The Premier replied that this requires innovative ideas to mobilize market forces.

“The government should not - and cannot - make decisions concerning industrial transfer, as this should mainly rely on market forces,” he said.

“The government can offer more favorable policies in terms of capital to support certain industries - in addition to financial services. But, basically, industrial transfer is a choice made by enterprises themselves.” Premier Li said.

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