Economic restructuring leading to quality growth in China - Economy & Society - Tibetol

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Economic restructuring leading to quality growth in China
update:August 16,2017
Some regions, such as the Beijing-Tianjin-Hebei area, have increasingly leaned on technological innovation for growth.
Pang Jiangqian, spokesperson of Beijing Municipal Bureau of Statistics, said Beijing's high-end industries grew by 11.6 percent in H1. The capital's H1 GDP totalled 1.2 trillion yuan, up 6.8 percent year on year.
"Technological innovation has played an increasingly important role in driving the growth of Beijing," Pang said.
In July, Beijing, Tianjin and Hebei jointly published a talent promotion plan aimed to draw more skilled workers and creative minds by 2030.
"Technology and regional integration are the key to the development of the Beijing-Tianjin-Hebei region. A great many companies, talent and skilled workers have gathered here, so it has great growth potential," said He Yafei, a researcher with Renmin University.
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