Hainan Cuts GDP’s Ties to Officials’ Performance, but Not Everywhere
China’s southern Hainan province plans to stop assessing the performance of officials based on gross domestic product (GDP) targets, but the new policy won’t be implemented everywhere on the island province.
The provincial government released revised guidelines for assessing the performance of local officials that de-emphasizes economic targets in favor of environmental protection goals. The revised guidelines, released Monday, stated that officials will no longer to be required to meet targets for GDP growth, industrial investment and fixed-asset investment — but only in 12 of the 19 cities and counties in the province.
- 1Update: China Demands Answers for Swedish Police’s ‘Brutal’ Treatment of Tourists
- 2China Could Ban Exports of Products Crucial to U.S. Manufacturers, Former Finance Minister Says
- 3 State-Owned Firms to Build $6.5 Billion Petrochemical Refinery in Alberta
- 4Trump Slaps New Tariffs on $200 Billion of Chinese Goods
- 5Merck Slashes Key Cancer Drug Price for China
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas