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Policymakers of Sanmenxia, Henan province has chalked out detailed plans to the city's economic development for the upcoming 13th Five-Year Plan, according to local officials.
Under the general guidance of the national 13th Five-Year Plan, which will be from 2016 to 2020, Sanmenxia has made its determination to take up 1,478 projects with 1.22 trillion yuan ($188.25 billion) worth in investment, 0.7 trillion yuan more than that of 12th Five-Year Plan. It is expected that 1.15 trillion yuan worth of projects will complete during the five-year period.
According to the government's plans, 51 industrial projects with a total investment of 504.1 billion yuan needed to be upgraded during the next five years, including the coal chemistry industrial base in Yima county, aluminum deep-processing base, electric car industrial clusters and copper deep-processing base.
As for the tertiary industry, the government aims to upgrade 203 projects with 223.6 billion yuan worth in investment. These projects involve a variety of industries, such as logistics, tourism, culture and business.
It is expected that 154.3 billion yuan worth in investment will be poured into 289 agricultural projects in Sanmenxia. It is hoped that agricultural development will progress considerably through plenty of projects such as standardized park for growing apples in Lingbao county, science and technology park for agriculture development in Shanxian county and a national-level ecological agriculture park in the city.
In line with the central government's move to narrow the gap between urban and rural areas, authorities in Sanmenxia will invest 154.3 billion yuan in 289 projects to boost the economic development in countryside areas. They will launch a series of people-benefiting projects, such as the construction of a smart city in Lingbao, service centers in rural tourist destinations, Free Trade Areas and villagers' re-location.
Sanmenxia's authorities also plan to pool 226.4 billion yuan into 253 projects to improve public facilities in the city, such as the expressway network with other cities in the Yellow River Gold Triangle and the integrated use of industrial resources.
With an investment of 22 billion, 140 social projects are expected to increase local people's benefits, such as the further development of Miaodigou historic site and the construction of a full-fledged museum in Sanmenxia.
The 13th Five-Year Plan is crucially important to Sanmenxia as China mulls the transformation and upgrade of industry and further development of the tertiary industry, said local officials in the city.
