Du Yunsu: Actively Guide the Transfer of Foreign Capital from the Eastern Coastal Areas to the Central and Western Regions

Release time:2016-09-03Author: Du Yunsu

Abstract: Some achievements have been made in the gradient transfer of industries along the eastern coast to the central and western regions. However, in recent years, more and more foreign capital in the east coast “flees south” instead of “going west”. During the “Thirteenth Five-Year Plan” period, preferential policies need to be implemented to highlight the comprehensive operating cost advantages of the central and western regions; implement streamlined administration and delegate powers to create an effective government; connect with the Belt and Road Initiative and accelerate the improvement of central and western infrastructure; strengthen the construction of a new type of urbanization to increase the attractiveness of talents in the central and western regions; expand the opening up of the inland service industry and increase support for foreign-funded enterprises.