2018年CRI Guideline boosts development in east China's province for 15 years

 

This year marks the 15th anniversary that a guideline was put forward for the future development of the east China's province of Zhejiang, which are hailed by locals as an important factor in bolstering¹ the province's development over the past 15 years.

The guideline, dubbed² the "eight-eight strategy," was put forward by Xi Jinping, who was then-Secretary of the Zhejiang Provincial³ Committee of the Communist Party of China (CPC), in July 2003.

It calls for provincial authorities in Zhejiang to make different steps in eight different sectors⁵ by making use of its advantages in eight different aspects, in a bid to boost future development.

It is based on giving the private sector⁴ more opportunities, while having the public sector still play the dominant⁶ role in development, to improve the socialist⁷ market economy.

"One of the key factors leading to the historic progress made in Zhejiang's economic development is the advantages in systems and mechanisms⁸. Such advantages come from efforts to adjust and improve the structure of ownerships, pay respect for the pioneering drive of the people, based on the principle that production relations must conform to the laws that underlie⁹ the development of productive forces," says Xi Jinping.

Through the system, Zhejiang's state-owned enterprises remain viable¹⁰ businesses in the province.

Zhejiang-based Wuchan Zhongda Group, the first state-owned enterprise (SOE) in the province to enter into a mixed ownership program, has been listed among the world's top 500 enterprises for several years in a row.

"In a world full of competition, if an enterprise does not reform itself, it will definitely face a lot of challenges concerning its operation in the long run. We are now taking measures to build a modern enterprise system," says Wang Tingge, the chair of Wuchan Zhongda.

The "eight-eight strategy" has also allowed for the growth of major private companies in Zhejiang, including carmaker Geely, e-commerce giant Alibaba, and Wenzhou Minshang Bank, the first private bank on the Chinese mainland.

Stats showed that private sector contributed to 65% of Zhejiang's total provincial GDP in 2017.

The guideline is also being credited for making the province's business environment more friendly to the private sector.

In 2016, a reform focusing on simplifying approval procedures was officially launched in Zhejiang, streamlining the application process, including one-stop application for business licenses¹¹.

Che Jun, secretary of the CPC Zhejiang Provincial Committee, says other areas are also being adapted through the "eight-eight strategy."

"We're working with other ideas to improve areas such as property rights and better procurement¹² procedures for production. We're taking these steps to try to achieve more high-quality development," says Che Jun.

Authorities in Zhejiang say they're hoping to turn the province into the most efficient and business-friendly in the country.

1 bolstering   

v.支持( bolster的现在分词 )；支撑；给予必要的支持；援助

参考例句：

• Why should Donahue's people concern themselves with bolstering your image? 唐纳休的人为什么要费心维护你的形象？ 来自辞典例句
• He needed bolstering and support. 他需要别人助他一臂之力。 来自辞典例句

2 dubbed   

v.给…起绰号( dub的过去式和过去分词 )；把…称为；配音；复制

参考例句：

• Mathematics was once dubbed the handmaiden of the sciences. 数学曾一度被视为各门科学的基础。
• Is the movie dubbed or does it have subtitles? 这部电影是配音的还是打字幕的？ 来自《简明英汉词典》

3 provincial   

adj.省的，地方的；n．外省人，乡下人

参考例句：

• City dwellers think country folk have provincial attitudes.城里人以为乡下人思想迂腐。
• Two leading cadres came down from the provincial capital yesterday.昨天从省里下来了两位领导干部。

4 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

5 sectors   

n.部门( sector的名词复数 )；领域；防御地区；扇形

参考例句：

• Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
• Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》

6 dominant   

adj.支配的，统治的；占优势的；显性的；n.主因，要素，主要的人(或物)；显性基因

参考例句：

• The British were formerly dominant in India.英国人从前统治印度。
• She was a dominant figure in the French film industry.她在法国电影界是个举足轻重的人物。

7 socialist   

n.社会主义者；adj.社会主义的

参考例句：

• China is a socialist country,and a developing country as well.中国是一个社会主义国家，也是一个发展中国家。
• His father was an ardent socialist.他父亲是一个热情的社会主义者。

8 mechanisms   

n.机械( mechanism的名词复数 )；机械装置；[生物学] 机制；机械作用

参考例句：

• The research will provide direct insight into molecular mechanisms. 这项研究将使人能够直接地了解分子的机理。 来自《简明英汉词典》
• He explained how the two mechanisms worked. 他解释这两台机械装置是如何工作的。 来自《简明英汉词典》

9 underlie   

v.位于...之下，成为...的基础

参考例句：

• Technology improvements underlie these trends.科技进步将成为此发展趋势的基础。
• Many facts underlie my decision.我的决定是以许多事实为依据的。

10 viable   

adj.可行的，切实可行的，能活下去的

参考例句：

• The scheme is economically viable.这个计划从经济效益来看是可行的。
• The economy of the country is not viable.这个国家经济是难以维持的。

11 licenses   

n.执照( license的名词复数 )v.批准，许可，颁发执照( license的第三人称单数 )

参考例句：

• Drivers have ten days' grace to renew their licenses. 驾驶员更换执照有10天的宽限期。 来自《现代汉英综合大词典》
• Jewish firms couldn't get import or export licenses or raw materials. 犹太人的企业得不到进出口许可证或原料。 来自辞典例句

12 procurement   

n.采购；获得

参考例句：

• He is in charge of the procurement of materials.他负责物资的采购。
• More and more,human food procurement came to have a dominant effect on their evolution.人类获取食物愈来愈显著地影响到人类的进化。