Liquid Assets II - Industrial Relocation

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Liquid Assets II - Industrial Relocation in Guangdong Province: Avoid Repeating Mistakes

relocation to the level of Guangdong Province's “overall strategy” and primarily focused on the construction of infrastructure for IR-Parks. The core document for the second round was the CPC Guangdong Provincial Committee and Guangdong Provincial People's Government’s Decision on the Promotion of Industry and Labour Force Relocation, promulgated in 2008. 17 This document renamed the effort as the “dual relocation” of labour and industry. The joint promulgation of this document by the provincial government and the provincial party committee emphasised the authorities' extremely high prioritisation of industrial relocation. During the three years following 2008, Guangdong has continued to release additional high-priority documents providing regulations and guidance for all facets of the industrial relocation effort. “Dual relocation” progress has even been added as a factor for evaluation and promotion of government officials. Regarding the environmental problems arising from industrial relocation, Guangdong Province established a number of regulations between 2006 and 2009. These regulations imposed specific environmental protection requirements on IR-Parks and relocated businesses, and also allocated funds for assisting in the construction of environmental facilities in IR-Parks. See Appendix 2 for a summary of the evolution and content of Guangdong’s industrial relocation policies.

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