Pool Photoelectric: Manufacturing Firms and Capital Changchun

pool photoelectric: While restructuring and reinvigorating traditional industries, the province has invested in new industries to help the recovery, according to Xinhua China. A hi-tech industrial park to pool photoelectric and intelligent manufacturing firms is under construction in capital Changchun, targeting 20 billion yuan in output by 2020. Of the 28 provinces, municipalities and autonomous regions that have released GDP growth figures for the first three quarters of the year, 18 reported faster or equal growth to that in the first half. "The growth gap between regions has narrowed," said Zhang Liqun of the State Council development research center. "The economic pressure in regions like the Northeast and Shanxi has eased and their economies are recovering." SHINING UP THE RUST BELT Jilin, a province in China northeast industrial heartland, announced on Saturday that its GDP grew 6.9 percent year on year in the January-September period, exceeding the national average for the first time since the first quarter of 2014. Of the other two provinces in the old industrial rust belt, Heilongjiang seems likely to report 6.7 percent growth. Liu Yuanchun, president of the national academy of development and strategy at Renmin University of China, believes the figures show pro-growth policies taking effect. Liaoning is expected to show some improvement after shrinking in the first two quarters. (news.financializer.com). As reported in the news.