Nanking, Jan, 1, Mr. Chen Kung-po, the Ministry, of Industry, upon his assumption of office to-day, issued a statement outlining a five year programme for the establishment of powerful me dustries in the Yangtze Valley. Ho. also outlined the Government's attitude towards foreign intvestr: ents in China.
Im the course of his statement Mr. Chen Kung-po says: "There have been three theories advanced for the unification of the country. Some have maintained that China can only be unified by armed forces. Others believe that the country can be unified by political means. A third group are of the opinion that uni fication may be achieved by econo-
Shoe cannot hoper, to. mobllisa" tha countay'e capital and man power SMiboit space, of tine, expecially This, moment svhen_the country confronted by serious foreign only just become a realty.
Supression and when unification has "jo is fantastic to hope thit fore eign' capitalists will invest. taoncy in'Cuing on a large scale. 1 there fore propose to-day that within Sere a, central industeal. district Vata a leat place Zor the tstablishiment of such & district and Valley isan idea
for the starting point of China's rent complete its railway construc Sats eteia that he Govern tion programme with trunk dined coundcting Naming. with Hankow, Henkow with Canton with, Foochow, "Poochow, with Hangchow, and Hangchow with Nan King's. communientions must lay 2 most important role in the inddse thialteation of Ohina.
"*Thia industrial exes proponed wi gradually' be expanded with the Frowth of communications. When the country's economic problems. are solved. social Will be the. nat wish to. state that it is the policy' of the new government: five egal protection to opitalis and labourers alike. We welcome reign en pital and the legitimate interests of foreign investors will be protected. It is.noedless to say that the Chinese capitalist will one Joy, similar: protection.
"the production power of a, nae tion does not lie ing machinery on Man power plays ah important pa We must devise means for the provement of the health conditions of Chinese Inbourers and their mien. tality. Without sound. bodies and minds there can be no efficiency. Sincerely "hope that! the peo China will ce-operate with tne in our work of building a new nation.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.