China will fully implement all major regional development strategies and the strategy for coordinated regional development. China will promote coordinated development of the Beijing-Tianjin-Hebei region, development of the Yangtze River Economic Belt, development of the Guangdong-Hong Kong-Maca Greater Bay Area, integrated development of the Yangtze River Delta, and ecological conservation and high-quality development in the Yellow River basin.

China will advance the construction of Xiong'an New Area according to high standards and quality requirements and support development of Beijing Municipal Administrative Center. The country will usher in a new phase of large-scale development in the western region, promote breakthroughs in the revitalization of the northeast, spur high-quality development of the central region, and encourage the eastern region to accelerate its pace of modernization. China will support phased trans-regional relocation of industries as well as regional cooperation, and also support old revolutionary base areas, ethnic minority areas, and border areas in accelerating development. The nation will develop the maritime economy and build China into a strong maritime country.

Central and western regions

Qualified foreign-invested enterprises investing in the encouraged industries in western regions are eligible for a lower enterprise income tax rate of 15 percent. China will guide more FDI into central, western and northeastern regions.

The central and western regions are expected to leverage their advantages in combined production costs to attract more foreign investment amid competition from some neighboring countries and the country's push for high-quality development. In particular, the central and western regions are forecast to better receive foreign investment relocated from labor-intensive industries in coastal areas where labor costs have increased.

The economic hubs in these regions are becoming a key force in China to host industrial capacities relocated from coastal areas, and more industrial clusters are likely to be formed in key cities and economic zones in the central and western regions in the future, with industrial support systems to be further improved.

The advantages of the central and western regions include industrial agglomeration in industries such as electronics, wires and cables, steel and automobiles, and the stronger support system compared with their competitors in neighboring economies. Many cities in the central and western regions, including Xi'an in Shaanxi province, Chongqing, Chengdu in Sichuan province and Zhengzhou in Henan province, have seen increased investments in industries like laptops, computers and mobile phones.

Coordinated development of the Beijing-Tianjin-Hebei Region

The Beijing-Tianjin-Hebei region includes two municipalities (Beijing and Tianjin) and one province (Hebei), which cover a combined area of 216,000 square kilometers. China will improve the basic research and original innovation capacity of Beijing International Science and Technology Innovation Center, promote the in-depth integration of the industrial chain and innovation chain in the Beijing-Tianjin-Hebei region. ensure the basic completion of the highly connected rail transit in the region, and improve the coordination among airport and port clusters.

Development of the Yangtze River Economic Belt

The Yangtze River Economic Belt includes two municipalities (Shanghai and Chongqing) and nine provinces, namely, Jiangsu, Zhejiang, Anhui, Jiangxi, Hubei, Hunan, Sichuan, Yunnan, and Guizhou, with a total area of 2.05 million square kilometers. It will consistently prioritize ecological conservation, boost green development, ensure well-coordinated environmental protection, and adopt a holistic approach to pursue both ecological and environmental protection and economic development, to create a model of Beautiful China where humanity and nature harmoniously coexist.

Construction of the Guangdong-Hong Kong-Macao Greater Bay Area

With an area of 56,000 square kilometers, the Guangdong-Hong Kong-Macao Greater Bay Area includes the Hong Kong Special Administrative Region, the Macao Special Administrative Region, and the cities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen, and Zhaoqing in Guangdong province. China will strengthen collaborative development among enterprises, universities, and research institutions in Guangdong, Hong Kong, and Macao, promote the development of comprehensive national science centers, and facilitate the cross-border flow of innovation factors. The convenient and efficient flow of personnel, goods, and vehicles will be promoted.

Integrated development of the Yangtze River Delta

The Yangtze River Delta includes the Shanghai municipality and three provinces (Jiangsu, Zhejiang, and Anhui), which together cover an area of 358,000 square kilometers. With the aim to build an internationally advanced scientific and technological innovation capacity and an industrial system, China will accelerate the development of the G60 Science and Innovation Corridor and the Industrial Innovation Belt along Shanghai and Nanjing in the Yangtze River Delta, to improve the region's capacity of allocating global resources and driving national development.

Ecological conservation and high-quality development of the Yellow River Basin

The Yellow River runs across nine provinces and autonomous regions, including Qinghai, Sichuan, Gansu, Ningxia, Inner Mongolia, Shaanxi, Shanxi, Henan, and Shandong, which together cover an area of 1.306 million square kilometers. China will intensify the protection and restoration of key ecosystems in the upper reaches of the Yellow River, seek new methods for addressing soil erosion in the middle reaches of the river in the Loess Plateau, advance efforts to comprehensively address secondary suspended rivers and floodplains, and strengthen the protection and restoration of wetlands in the Yellow River Delta. China will rationally control the intensity of coal exploitation, promote the integrated development and utilization of energy and resources, and strengthen the ecological restoration of mines.