Since Chinese President Xi Jinping called for integration of regions around Beijing in February, the market response has been quick. But concrete moves on the official level are still in slow motion.
The integrated development of Beijing, Tianjin and Hebei is by no means a simple moving of polluting enterprises out of Beijing, but a more balanced distribution of production factors.
A blue book on the development of the Beijing-Tianjin-Hebei region was released in Beijing on March 25.
Chinese and foreign experts had a brainstorming session ahead of the upcoming Summer Davos on Thursday, emphasizing the necessity to inspire innovation.
Some people believe even slower economic growth will be good for pushing forward the necessary structural adjustment of the economy, but in reality, it is not a case of the lower the growth rate the better.
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Annual Meeting of the New Champions Tianjin Preparatory Office
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