China's high-tech expansion into inland cities risks deepening regional inequality
By
The Economist
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Summary
China's inland city of Tianshui is transforming from a declining industrial hub into a high-tech center, with new industrial parks offering cheap energy, financing, and land deals. The city has built an exhibition hall called "Tianshui Industry 2050" to showcase future products. However, this development risks widening the inequality gap between China's coastal tech hubs and its hinterland regions, potentially making an already unequal country even more divided.
Key quotes
· 3 pulledLIKE MANY cities in China's hinterland, Tianshui, in the western province of Gansu, is full of dusty and disused factories.
But over the past decade it has also become an unlikely high-tech hub.
The city has already built an exhibition hall to display the zippy products it hopes to make in the future, called 'Tianshui Industry 2050'.
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