Love Is When You Don't Want To Go To Sleep Because Reality Is Better Than A Dream Your position:Home->china news-> Fujian Focuses on Economic Area "We'll take advantage of our unique position in the region to boost our economic development this year," Huang Xiaojing, governor of The West-Straits Economic Area was first launched by the local government in 2004. It aims to seek new development opportunities amid the rising regional economies such as Bohai Bay Rim; The project was integrated last year into the 11th Five-Year Plan (2006-10). With "Close relations with Last year, The governor said the new economic area has so far spawned three major industries information technology, petrochemical and mechanical. "We are striving to make the region a new coastal bridge with the rest of the world as a center of logistics, IT and finance." Sixteen operational organizations have been established by 12 banks from six countries and regions. Eleven foreign banking organizations have won permission to operate renminbi business in the province. And, 83 enterprises from "The establishment of the economic area has proved fruitful for us," Huang said. The province recorded the highest economic growth last year by realizing a gross domestic product of 750 billion yuan, up 13.4 percent from the previous year. The total industrial output increased by 18.6 percent year-on-year to 1 trillion yuan, ranking ninth nationwide. Huang attributed the dramatic growth to the country's strong economic development and the government's preferential policies toward the area. "In addition, we will also increase our economic cooperation with Hong Kong and Major cooperative deals in the project include infrastructure, public utilities, financial ventures, small and medium enterprises and tourism. (
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