China releases plan to modernize, update industry
Story Date: 4/28/2011

  Source:  CHARLOTTE OBSERVER, 4/26/11

China has released an economic blueprint that spells out which industry segments it will encourage or discourage, in line with its push to weed out small-scale businesses and back large, efficient state-backed enterprises. It also highlights the country's emphasis on supporting high technology industries and downplaying resource extraction.

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