| China announces plan for industrial development
in five years (06/26/2001) (xinhua)
China has mapped out a plan for the overall development of
the industrial sector in the next five years, sources from the State Economic and Trade
Commission (SETC) announced in Beijing Monday.
Bai Rongchun, director of SETC's industry planning
department, said at a press conference that the plan, based on China's 10th five-year plan
for social and economic development (2001-2005), is aimed to promote the restructuring and
upgrading of the industrial sector.
It is also a component of China's overall plan for
development in the five-year period. The overall plan also includes an outline plan for
social and economic development, and special plans for major issues that are crucial to
the national economy.
The five-year plan covers 13 industries, namely machinery,
motor vehicles, metallurgy, non-ferrous metals, oil, petrochemicals, chemicals,
pharmaceuticals, coal, building materials, light industry, textiles and power.
"The plan is instructive, rather than compulsory,"
said Bai, adding that the role of the government is on macro-control and coordination,
while enterprises are the main body of the restructuring.
Earlier this year, China axed nine state administrations
under the SETC to streamline the government, and announced that the administrative
functions of the administrations would transfer to the SETC.
"The announcement of the plan is crucial to SETC's
transfer of administrative functions," said Bai Rongchun, who added that the
Commission is striving to change from a government organization that mainly focuses on
releasing files and granting approvals to one that guides enterprises with state policies.
The plan highlights the development of equipment
manufacturing, the improvement of energy resources and raw materials, and the provision of
consumer goods that will improve people's living standard.
|