Resurgent is a good word for a heading. Merriam-Webster, which is pretty hopeless as a dictionary, defines it as: "undergoing or tending to produce resurgence." Wiki does a far better job with "experiencing renewed vigor or vitality."
And that is what is happening at the Changchun Economic & Technological Development Zone (CETDZ). It is recovering from the international financial world crisis — what will it be called by historians? The Greedy Wall Street cock-up? — which caused Changchung to experience a temporary slump.
Now, the local economy has gradually rebounded and stabilized.
In the first half of 2009, the regional GDP reached RMB17.11 billion, which is an increase of 19.7% compared with the same period of last year. Fixed-asset investment, industrial investment, and domestic and foreign investment in actual use all achieved substantial increases of different levels.
And the manufacturing industry has grown steadily. For example, in the first half of 2009, the auto parts industry realized an output value of RMB16.5 billion, accounting for 45% of the total industrial output value.
People’s Daily Online reported that by its new policy of introducing more foreign investment, the CETDZ is able to ensure both infrastructure and project construction. All of which seems encouraging and, yes, could be called a resurgence.
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