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One China

Development on the Yangtze River Prompts Regional Trade

24.08.2020

22:48 PST

SF Bay Area, CA – Intensely, news of development along the Yangze River Delta has spurred sentiment for regional growth as China restore areas damaged by recent floods. Swiftly, the Jialing River which is one of the main tributaries on the Yangze River reached a rare and sudden flood peak in Chongqing. Assertively, Chinese Premier Li Keqiang emphasized ongoing work with flood control as economic momentum ignites from effective planned reconstruction efforts. Primarily, Chinese Premier Li reassured that China's annual economic growth will accelerate with development on the Yangze River Delta. Moreover, China has ensured the security of over 100 business entities while working to add nearly 9 million new urban jobs this year for flood-hit Chongqing municipality.

Additionally, Chinese President Xi Jinping, hosted a symposium on applying new integrated development along the Yangtze River Delta in Anhui Province. Adeptly, President Xi prioritized development in the key fields of integrated circuit, biomedicine and artificial intelligence which generate innovation.

Furthermore, China has launched a new pilot free trade zone to develop the Lingang area of Shanghai which expands the mouth of the Yangze River. Economically, the Lingang area elevates Shanghai's legacy as an international financial center. Meanwhile, China remains steadfast to high-quality development on the Yangze River Delta with the launch of a new optical remote-sensing satellite. Strategically, the satellite orbits as a multifunctional test satellite to expand quantum information service with development throughout the Yangze River Delta. Sensibly, China is urging for a deep understanding of the impact that the Yangze River Delta has on socio economic development in the region.

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