North Korea to develop economic strategies to become a developed country by 2020

 15, according to Korean Central News Agency reported that the newly established North Korean Cabinet appointed by the International Investment Group Dafeng solely responsible for the implementation of major projects of this program. The plan identifies the construction of infrastructure, agriculture and electric power, coal, oil, metals and other basic industrial and regional development of the strategic goals, develop a strong Shengda Guo in 2012 to open the door to the frame, and the level of future. Report also said the completion of the above strategic plan, the DPRK will not only emerge as a strong country, but also in Northeast Asia and international economic relations, the strategic position occupied. However, the Korean Central News Agency's report did not disclose the details of the plan. North Korea,

15 Liaoning Academy of Social Sciences researcher
Chao Lu The new plan has specific goals, vague concept than a step forward. As long as the Korean peninsula to maintain a relatively stable and peaceful situation, the DPRK's economic development is promising, not the development of so-called The plan also partly reflects the recent high-level North Korean disclosure, the present stage, the concept of food important than bullets. Lu Chao said the North Korean economic development strategy is currently not involved in too many changes in the contents of the economic system, can be predicted that North Korea's economic system will not have substantial changes, and estimates is still a planned economy, supplemented by a market economy. But for China, the prospects for cooperation with North Korea is still wide, because of North Korea although the area is not vast, but the underground is rich in resources, metals and iron ore mineral-rich, labor is relatively cheap, the quality is not low. Geostrategic perspective, North Korea may be connecting Russia, Northeast Asia, with China a strategic hub, the area highways, ports, or even develop after high-speed rail is likely to become a Northeast Asian economic logistics center. The development needs of all North Korea's external trade in the promotion of great work.

Korea announced the establishment of a new body responsible for economic development, developed countries.

for North Korea to develop new economic program, South Korean media attention. Yonhap quoted South Korea 15, Institute of Economic Research's analysis of corporate banking, said North Korea began to develop from the second half of 2009 industrial base, increase the processing capacity of 20 million tons of crude oil, mineral resources development, building 3,000 kilometers of highways, construction of 2,600 kilometers of modern railways, the establishment of the State Development Bank, estimated the total investment will reach 100 billion U.S. dollars. The most important thing is to protect the smooth progress of the first stage of agricultural development. Corporate Banking Economic Research Institute believe that North Korea to develop However, the international community to continue sanctions against the DPRK, the Korean investment environment is relatively poor, so North Korea's economic development plan to develop confidence can be achieved, is still hard to say. South Korea, Some experts said the North Korean nuclear issue is not resolved, the DPRK is bound to attract foreign investment Dafeng Group, subject to certain restrictions.