A booming expo industry in recent years is proving to be a
powerful engine for economic development in northeast China.
Expos of all kinds - trade, manufacturing, investment and
automobiles, to name just a few - create tens of billions of
dollars in revenue each year for northeast China, according to
local government statistics.
The northeast region, including Heilongjiang, Jilin and Liaoning provinces, produced China's first
batch of steel, machine tools, locomotives and planes after the
founding of New China in 1949.
However, many traditional industrial enterprises gradually lost
their competitive edge and some have been losing money for 20 years
as China has shifted from a planned economy to reforms and
opening-up.
When China decided to rejuvenate the old industrial base in
2003, expos have spurred local economic development.
Shenyang, capital of Liaoning Province, has garnered more than
10 billion yuan (US$1.25 billion) from industries like tourism and
transportation, thanks to the China Shenyang International
Horticultural Exposition, which opened on May 1, said a government
official in charge of expos.
In the past two years, the city has hosted an average of two
expos per month, according to the official. Over 20 percent of the
expos are international.
Direct revenues from the exhibition industry reached 720 million
yuan (US$90 million) in 2005 in Changchun, provincial capital of
Jilin, said Song Lihua, director of the city's expos office.
Income from expo-related industries hit 6.5 billion yuan
(US$812.5million), Song said.
A big international exhibition center was commissioned in 2003
in Harbin, capital of Heilongjiang Province, giving the city the
capacity to host large expos, said Wang Liwei, deputy director of
the Heilongjiang Branch of the China Council for the Promotion of
International Trade.
Northeast China is shoring up its position as the country's
fourth exhibition base, following Chinese business hub Shanghai,
capital Beijing and southern city Guangzhou, according to the
latest survey by the Ministry of Commerce.
The booming expo industry in northeast China has driven the
rapid development of other sectors, especially the tertiary
industry, which will in turn contribute to the revival of the old
industrial base, experts say.
(Xinhua News Agency September 23, 2006)