Stimulus package aims to drive forward innovation and boost manufacturing capability

To boost the slowing economy in Northeast China, the central government has announced another round of stimulus measures for innovation and to upgrade the manufacturing sector.

The 13th Five-Year Plan for Revitalizing Northeast China was approved by the State Council, or China's Cabinet, last Tuesday along with another supportive document to introduce measures at the second meeting of the Leading Group for Revitalizing Northeast China and Other Old Industrial Bases, which was presided over by Premier Li Keqiang.