China is likely to unveil guidelines blueprinting development of the Yangtze River economic belt in near future, according to the National Development and Reform Commission (NDRC), the top economic planner Thursday.
NDRC made the remarks in a document requiring stronger regional cooperation, under which it also planned to push forward the "Belt and Road" construction and coordinated development of Beijing, Tianjin and Hebei Province.
NDRC urged faster pace in fostering integration of the Yangtze River Delta to bring up coordinated development of the Yangtze River economic belt. Besides, the Chinese economic planner proposed in the document to optimize regional economic development pattern, construct unified market, accelerate regional infrastructure link and science and technology cooperation and innovation, build various cooperative parks and zones, and bring forward regional cooperation system construction to boost regional cooperation.
Previously, Haitong Securities predicted in a report that China would post policies planning the Yangtze River economic belt with no delay as the economic belt, together with the "Belt and Road" as well as free trade zones composed important logistics channels to carry out its state strategies.
In the future, China was expected to first publicize policies on related transportation, ports and infrastructure construction as construction of the Yangtze River gold waterway and transportation corridor was the basic supports for the Yangtze River economic belt.
Exuberant over the news, some stock trading opportunities may appear for local listed companies such as Chongqing Gangjiu Co., Ltd. (600279.SH), Shanghai International Port (Group) Co., Ltd. (600018.SH), China Gezhouba Group Company Limited (600068.SH), Huaxin Cement Co., Ltd. (600801.SH), and Jiangxi Wannianqing Cement Co., Ltd. (000789.SZ).
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