Jilin province has announced that it began work on a major transportation project for the Northeast, on March 27 -- a 340–kilometer stretch of road near Changbai Mountain is part of a larger 1,474-km Hegang-Dalian Highway.
In the next five years, China's steel sector has to reduce capacity by 100-150 million metric tons, while the coal-mining sector must also cut capacity by 500 million tons, with another 500 million tons to be restructured in the following three to five years.
The Changchun-Manzhouli-Europe International Rail Freight Line has transported cargo worth more than 35 million euros since August, and in return the trains have brought novel, cheap goods like vodka, tiramisu and wild Siberian honey.
Jilin has been suffering from a drain of talent due to the slowing economy, which has in turn undercut growth. Jilin's GDP growth stood at 6.5 percent last year, the best performance compared to Liaoning and Heilongjiang.