Caixin
ECONOMY

Provinces Pivot From Infrastructure to Industry

Workers construct scaffolding at a construction site Shenzhen on Sept.  20. Photo: VCG
Workers construct scaffolding at a construction site Shenzhen on Sept. 20. Photo: VCG

Several provinces are seeing a shift away from infrastructure investment toward industrial development, as China shakes up its economy with its “Made in China 2025” industrial strategy.

Caixin research has found that both the number of large-scale infrastructure projects and the investment in these projects has dropped since the beginning of this year in several provincial-level areas.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.