SHANGHAI, Oct 24 (Reuters) - The economy of China's
northeastern rustbelt province of Liaoning showed signs of
recovery in the first three quarters of this year, growing 3
percent compared with the same period of 2016, the official
China Daily reported, citing local officials.
Growth in the province improved from 2.1 percent in the
first half of the year, but it still lagged the country as a
whole. China's gross domestic product rose 6.9 percent
year-on-year from January to September.
"Liaoning's economic downward pressure fundamentally stemmed
from a damaged political ecosystem," the paper quoted provincial
party secretary Li Xi as saying, blaming his now imprisoned
predecessor Wang Min for allowing bribery to become widespread.
China's northeastern provinces, dominated by giant state
enterprises and heavy industries, have struggled to keep up with
rapidly growing high-tech manufacturing regions on the east
The region's workforce is also declining in numbers and also
ageing rapidly, and a 14-year government "rejuvenation"
programme involving billions of yuan in infrastructure
investment has failed to arrest the decline.
Liaoning was also mired in a data falsification scandal
involving years of inflated fixed asset investment data, which
skewed previous growth figures. It reported a 2.5 percent
decline in gross domestic product last year, the only Chinese
province to report negative growth.
(Reporting by David Stanway; Editing by Sam Holmes)
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