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Business/Finance See other Business/Finance Articles Title: Mongolia-Russia corridor a lifeline for northeast China Want... Facing rapid economic decline, northeastern China is in bad need of a new round of opening up to inject fresh momentum into its economy, the Guangzhou-based 21st Century Business Herald reports. To that end, an opportunity that the region cannot miss is the "Belt and Road" initiative, referring to the Silk Road Economic Belt and the 21st Maritime Silk Road proposed by President Xi Jinping in September 2013. In September the following year, Xi further proposed building an economic corridor linking China, Mongolia and Russia by connecting the Silk Road Economic Belt to Russia's transcontinental rail plan and Mongolia's Prairie Road program. Chen Yongchang, chief of the Heilongjiang provincial government's technology and economics advisory committee, told the daily that the China-Mongolia-Russia economic corridor has two channels. The first channel will link Beijing, Tianjin and major cities in Hebei province with Hohhot in Inner Mongolia, and will then extend to Mongolia and Russia, Chen said. The second channel will run along the eastern China railway, connecting Dalian, Shenyang, Changchun and Harbin with Manzhouli in Inner Mongolia and Chita in Russia, he said. More importantly, the corridor will provide a link between the Liaoning Coastal Economic Zone, the Changchun-Jilin-Tumen Pilot Zone in Jinlin province and the Harbin-Daqing-Qiqihar Industry Corridor in Heilongjiang province, which are the most economically active areas in northeastern China, the daily said. Liu Shuming, a research fellow with the Jilin Provincial Development Research Center, said the China-Mongolia-Russia economic corridor will not only become a branch of the "Belt and Road" system but can also connect with the Chinese government's strategy of promoting the collaborative development of Beijing, Tianjin and Hebei. References: Chen Yongchang 陳永昌 Liu Shuming 劉庶明 Poster Comment: Concentrating on infrastructure which will boost the economies of China and its neighbors rather than being preoccupied with crazy wars for Israel. America-Canada could use high-speed rail linking northern regions with produce-growing areas, particularly in central and south America to deliver fresher, healthier fruits and vegetables. Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 2.
#2. To: Tatarewicz (#0)
Why is China facing economic decline? A complex matter I'm sure. Mebbe they need to stop building so many ghost cities.
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