The poorest regions in China are rich in water or mineral resources, but development projects in these areas have done little to bring local people out of poverty due to ineffective profit-sharing.
With these reforms, poor people will get long-term stable proceeds from the exploitation of local natural resources, compared with the current lump-sum compensation payments, Yang told a press briefing,
"If the pilot projects go smoothly, the reform will allow local residents to get higher proceeds than they receive now," Yang said. "But there are uncertainties too, depending on market changes and business operation."
To ensure the proceeds, authorities should choose projects that are economically viable with good profitability prospects and a short period of construction to pilot the reform, the plan said.
【国内英语资讯:Poor regions to share earnings from resource exploitation projects: cabinet】相关文章:
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