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China s Shaanxi province, Tanzania s Dar es Salaam region explore further cooperation
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China s Shaanxi province, Tanzania s Dar es Salaam region explore further cooperation-Xinhua
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Xinhua Headlines: Freight trains revive ancient Silk Road to boost Asia-Europe trade
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The central directive has local governments striving to do their part.
A 4.5-hour flight north from Shenzhen, the city of Xi an has many of the right elements for tech innovation: research or manufacturing centers for semiconductors, aerospace and other high-tech industries; talent from local universities; and significant foreign investment. Both Samsung and U.S. chipmaker Micron have major operations in Xi an, which was also the fastest growing major city in China last year.
Xi an Mayor Li Mingyuan said in a statement last month to CNBC that tech innovation is at the top of his list for high quality development under Beijing s five-year plan. He said that by 2025, Xi an aims to achieve output in advanced manufacturing of more than 1 trillion yuan ($153.85 billion) and support more than 10,000 high-tech businesses, for total GDP of more than 1.4 trillion yuan. That s about 40% growth from Xi an s GDP in 2020.