www.xinhuanet.com
XINHUA online
CHINA VIEW
VIEW CHINA
 Breaking News Israel to launch war on Hamas     Six Palestinians killed by Israeli army in southern Gaza     "Referendum" in Taiwan vetoed by its people    More than 100 al-Qaeda suspects arrested in Pakistan     Urgent: Wrongdoing with oil-for-food program "highly possible:" Annan     Urgent: Top UN envoy denies credibility problem to act in Iraq    
Home  
China  
World  
Business  
Technology  
Opinion  
Culture/Edu  
Sports  
Entertainment  
Metrolife  
Travel  
Weather  
  About China
  Map
  History
  Constitution
  CPC & Other Parties
  State Organs
  Local Leadership
  White Papers
  Statistics
  Major Projects
  English Websites
  BizChina
- Conferences & Exhibitions
- Investment
- Bidding
- Enterprises
- Policy update
- Technological & Economic Development Zones

   News Photos Voice People BizChina Feature About us   
China should boost development of service sector: official
www.chinaview.cn 2004-03-21 21:08:03

    BEIJING, March 21 (Xinhuanet) -- China should focus on the development of the service sector in its effort to shift from extensive to intensive growth, said a senior Chinese official Sunday at a forum on China's balanced development.

    Ma Kai, minister in charge of the National Development and Reform Commission, said that China's economy grows still in an extensive way, featuring high investment, high energy-consumption and low efficiency. Energy shortage and employment pressure are both problems hindering China's current development.

    China has determined to increase its economic growth in an intensive way. Large capital-intensive companies tend to save energy and natural resources while labor-intensive small and medium-sized enterprises could provide more jobs. At present it isstill necessary for China to develop labor-intensive businesses, Ma said.

    Ma said the problems could be addressed simultaneously only by boosting the development of the service sector, which is generallylabor-intensive and consumes less energy and natural resources than other industries. Enditem

  Related Story
Copyright ©2003 Xinhua News Agency. All rights reserved.
Reproduction in whole or in part without permission is prohibited.