Overcapacity Reduction
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Solid start for Hebei Province in preparing for 2022 Winter Olympics
As a traditionally industrial province that faces a heavy task to reduce redundant production capacity, Hebei has seen the preparation for the 2022 Winter Games a golden opportunity to upgrade its industrial structure. The northern province has vowed to carry out plans to develop its winter sports economy with a complete industrial chain covering fitness, entertainment, tourism, equipment manufacturing and services. For example, it eyes turning Zhangjiakou into a national center for winter sports, making gear and fostering human resources, while making Chongli a world-famous ski resort and a base for the national sports industry. By doing so, Hebei seeks to create a winter sports industry worth 100 billion yuan ($ 14 billion) by 2022. Many ski fields have benefited from the momentum instilled by Winter Olympics preparation. In Chongli, some facilities have become profitable after years of losses, and others have expanded or planned to expand their slopes to attract more skiers. One of the ski slope managers said their facilities are built and operated in accordance with international standards because of the Olympic effect. The ongoing winter carnival has not only served as a window to showcase Hebei's winter culture but also as a platform for the development of winter sports industry. Li Li, deputy mayor of Zhangjiakou, compared the festival to a stage set by the government where enterprises, associations, and social organizations "run the show." It is a good demonstration of how dynamic public-private cooperation could be, the mayor stressed. Emphasis will be attached to construction of winter sports venues and supporting facilities, popularization of winter sports, environmental management, and promotion of the winter games so as to lay a solid foundation for an extraordinary Olympics, he said.
Solid start for Hebei Province in preparing for 2022 Winter Olympics
As a traditional industrial province that has a heavy task of reducing redundant production capacity, Hebei has seen the preparation for the 2022 Winter Games a golden opportunity to upgrade its industrial structure. The northern province has vowed to carry out plans to develop winter sports economy with a complete industrial chain covering fitness, entertainment, tourism, equipment and gear manufacturing, and service. For example, it eyes to turning Zhangjiakou into a national center for winter sports, making equipment and gear, and fostering human resources, while making Chongli a world-famous ski resort and a base for national sports industry. By doing so, Hebei seeks to achieve a winter sports industry worth 100 billion yuan (around 14 billion dollars) by 2022. Many ski fields have benefited from the momentum instilled by the Winter Olympics preparation. In Chongli, some facilities have turned profitable after years of loss, and others have expanded or planned to expand their fields to attract more skiers. One of the ski field managers said their facilities are built and operated in accordance with international standards because of the Olympic effect. The ongoing winter carnival has not only serve as a window to showcase Hebei's winter culture but also a platform for the development of winter sports industry. Li Li, deputy mayor of Zhangjiakou, compared the festival as a stage set by the government where enterprises, associations, and social organizations "run the show." It is a good demonstration of how dynamic public-private cooperation could be, the mayor stressed. "A win-win results can be shared." Hebei will follow two major guidelines in 2017, namely, making good preparation for the Winter Olympics and seeking its own development through it, said Li Pu. Emphasis will be attached to construction of winter sports venues and supporting facilities, popularization of winter sports, environmental management, and promotion of the winter game so as to lay a solid foundation for an extraordinary Olympics, he said.
Central China to get a steering panel
By implementing a coordinated development strategy, the six provinces can standardize the design and construction of infrastructure projects, eliminate redundant production capacity and avoid cut-throat competition. Such steps will help the central provinces narrow the gap between themselves and the eastern coast, he said. Zhao Lingyun, president of the Hubei Provincial Academy of Social Sciences, said he expected the coordinating body to come up with concrete policies for the growth of the region, perhaps by implementing some of the preferential policies used to boost development in West China and Northeast China. Fan said that numerous supportive policies were in the pipeline for the central region, and that joint meetings among officials from the six provinces and other regional economic cooperation mechanisms were on the horizon. However, even with outside support, the central provinces must rely on themselves to attain prosperity, he said.
Knowledge Graph
Examples
1 It is the first time that the heavy-industry province has seen profits in its coal sector since early 2014 when the whole industry plunged into loss due to declining coal prices, structural adjustment of energy supply, and pressure in cutting redundant production capacity for environmental protection.
2 That's because raw materials are expensive; export demands are less; and redundant production capacity will continue to work in the future.
3 The most feared scenarios on our part, including money ending up churning out repetitive or redundant production capacities, worsening already serious problems in our industrial structure and product mix, have not occurred.