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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Nov. 22 (Xinhua) — Since the 18th National Congress of the Communist Party of China (CPC) in 2012, cooperation between China's eastern and western regions and the work of providing assistance have been carried out on the basis of high-level planning and vigorously promoted on an unprecedented scale in line with high requirements, a think tank said in a report.
The report, titled "County Economy in the New Era," was released Friday by the Xinhua Institute, a national-level think tank affiliated with the Xinhua News Agency, at the Belt and Road International Think Tank Cooperation Forum held in Nanjing, east China's Jiangsu Province.
Data shows that as of the end of October 2024, eight provincial-level administrative units in eastern China had provided financial assistance totaling 22.89 billion yuan (about 3.23 billion US dollars) to 10 western regions of the same level.
The report notes that the two sides exchanged 2,979 party and government personnel and 24,000 technical specialists, provided guidance to enterprises investing 140.9 billion yuan, purchased and provided assistance in selling agricultural and subsidiary products worth 112.9 billion yuan, and helped employ 815,000 rural residents.
The report said this has undoubtedly injected new vitality into the development of county-level economies in less developed areas of Central and Western China.
Relying on the CPC's organizational advantages, the eastern-western cooperation and the sponsorship programs have not only promoted the high-quality development of county-level economies in central and western China, but also created favorable conditions for the development of new productive forces in the eastern regions, laying a solid foundation for achieving common prosperity, the report said, stressing the need to better utilize institutional advantages to achieve targeted complementarity of regional strengths and the most efficient allocation of resources. -0-
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