Ever since January 14 when the Chinese Government unveiled plansto revamp the steel and automobile sectors, the country has embarkedon an ambitious and comprehensive scheme of restructuring some ofits key industries. This was done in an effort to keep the economy ontrack amid an adverse economic situation. Eight other sectors have beenadded into this revitalization package, ranging from electronics andinformation technologies to textiles, shipbuilding and petrochemicals,making up the list of industries identified for revival over the next threeyears. This also reflects China"s resolute determination to maintain8-percent growth for 2009.
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