China regional policies Flashcards

1
Q

Western development strategy

A

certain firms in Western China enjoy a reduced 15% income tax rate
tariffs removed and taxes removed for infrastructure projects

$300 bn investment into key projects

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2
Q

WDS +

A

High GDP growth rate
life expectancy increased by 8 years
e.g. Qinghai-Tibet railway increased tourism

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3
Q

WDS -

A

pipeline from West to East - energy exploitation
relative GDP and FDI lags behind East
rural divide

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4
Q

Rise of Central China Plan

A

Identified 6 provinces
investment into infrastructure
tax breaks
development of new industries

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5
Q

CC plan +

A

Hubei GDP has increased from sub $50bn to $750bn +
diversification from agriculture in Henan as well as a new iphone factory

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6
Q

CC -

A

debt - 76% of economic output
poor infrastructure
main focus on urban areas

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7
Q

BRI

A

Infrastructure projects such as Urumqi land port
energy projects
promote trade

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8
Q

BRI +

A

Urumqi land port - 21 China Europe rail links. Attracted over $4.45 billion in investment
Has allowed companies to take advantage and increase exports and grow
Western areas no longer rely on Eastern coast for trade

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9
Q

BRI -

A

Uyghur Muslims have not benefitted and been forced to work and remain in poverty
Once again only benefits urban areas

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