Home » Business » Manufacturing
Beijing set to shut 1,000 manufacturers
Print Edition
BEIJING will shut down 1,000 manufacturing companies and 300 markets and logistics centers by 2020, to further move its non-capital functions out of the city, according to a press conference from the ongoing local legislative session on Saturday.
In 2018, Beijing will close 500 manufacturing companies and 176 markets and logistics centers, and relocate several universities and hospitals to suburban areas, Liu Bozheng, deputy director of the Beijing office overseeing the integration of the Beijing-Tianjin-Hebei region, said at the press conference.
Beijing plans to inject 12.2 billion yuan (US$1.9 billion) into moving its non-capital functions, according to the capital’s 2018 draft budget report distributed at the legislative session.
In 2015, China released a three-year plan for the integrated development of Beijing, Tianjin and Hebei to balance the development of the three regions.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
