Pyongyang, August 14 (KCNA) -- It is the consistent policy of the Workers' Party of Korea to actively develop the regional economy and bring about a radical improvement in the people's living standards by actively exploiting and utilizing the natural and economic resources in each region, says Rodong Sinmun Wednesday in an editorial.
Only when all regions and districts build foundation for their independent and sustained development, compete with each other and develop the regional economy, can they provide a great engine for the development of the overall economy and accelerate the growth of the strategic economic strength, the editorial says, and goes on:
The development of regional industry is just the regional development and the overall national prosperity and growth.
In order to promote the material and cultural well-being of the people by effectively tapping all the productive potentials of the country, the regional industry, along with the central industry, should be developed rapidly.
The regional-industry revolution, which our Party set as an important task for the people and is dynamically pushing forward, can be successfully carried out when cities and counties skillfully exploit the natural and economic conditions in their regions.
Every city and county in the DPRK has enough economic foundations and potentials to develop the regional economy in conformity with its own situation. So far, they have gained rich experience in their efforts and, in particular, the people of the whole country have accepted the Party's policy of regional development as their own and are actively responding to it.
The editorial calls upon all cities and counties to actively exploit and utilize natural and economic resources in their regions and thus develop the regional economy in a diverse and peculiar way as intended by the Party and dynamically open up a new phase of the regional development. -0-
www.kcna.kp (Juche113.8.14.)
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