Abstract: | China joined a worldwide effort to salvage its economy from being shattered by the devastating financial turmoil. Since the very beginning of this year, it has been working out a string of revitalization plans to bolster the nation's backbone industries, including autos, iron and steel, shipbuilding, petrochemical, textile, equipment manufacturing, electronic and IT, nonferrous metals and light industries. By a rough estimation, those heavyweights jointly produce one third of China's gross domestic product ... |