Chinese workers are seen on the production line of Shenyang No 1 Machine Tool Works in Liaoning province in this file photo from 2004. Once the crown jewel of China’s centrally planned economy, today the northeast is the country’s rust belt, but e-commerce giant JD.com wants to help revitalise the area. Photo: Reuters

JD.com to invest 20bn yuan to help revive China’s rust belt

Smaller cities and rural areas, home to half of China’s population, represent huge untapped potential for e-commerce companies like JD.com and Alibaba

Topic |   JD.com

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Chinese workers are seen on the production line of Shenyang No 1 Machine Tool Works in Liaoning province in this file photo from 2004. Once the crown jewel of China’s centrally planned economy, today the northeast is the country’s rust belt, but e-commerce giant JD.com wants to help revitalise the area. Photo: Reuters
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