CCTV.com - CNTV English - CCTV News

Video: Interview Yu Zhengsheng Part 9- How do you see Shanghai developing in these four centers of excellence?

08-10-2010 15:18 BJT

 

Q9: Let's look to the future, the future of Shanghai. The central government has established Shanghai should become a four centers of international excellence, in finance, in trade, in shipping, in general economics. How do you see Shanghai developing in these four centers of excellence, particularly in the line of the need for industrial transformation of all the China?

A: It's very difficult to expand the traditional industries. Shanghai's iron-works are still doing that, but in view of environmental protection, this is not to be desired. So it's a pressing issue for Shanghai to change the mode of its development. While other provinces are still meditating on this possibility, Shanghai has put it into practice. A modern service sector needs a rational legal environment, tax revenue environment and supervision environment. This is not a problem that can easily be resolved by attracting foreign investment. It requires systematic innovation. It's buy no means easy. As for our advanced manufacturing industry, we shouldn't improve it in terms of scale, but rather in terms of quality. As we all know, Shanghai produces commercial jets. We have a research center and assembly factory. But making commercial jets that are truly competitive is not a dream that can be achieved overnight. It will be a long and arduous process.

Editor:James |Source: CNTV

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program