How Shandong is implementing supply-side reform

Rakes of high-speed train CRH380A lined up at Qingdao, Shandong province. [Photo provided to China Daily]

Shoring up the weak spots

Shandong will speed up its infrastructure projects to meet the new supply-side reform, including creating new high-speed railways, expanding expressways, rebuilding old villages, and creating "smart cities".

The province will also build national-level technology hubs to attract talent and train students to promote innovation capacities.

Furthermore, it will spend 80 percent of fiscal fund to improve people's livelihood including rebuilding shantytowns and schools, and 1.7 billion yuan will be used to fight against poverty.