China to expand effective investment
Xinhua |
Updated: 2021-03-05 09:36
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BEIJING -- China will expand effective investment this year, with a central investment budget of 610 billion yuan (about $94 billion), according to a government work report submitted Friday to the national legislature for deliberation.
The country will issue special-purpose local government bonds totaling 3.65 trillion yuan this year, and priority will be given to fund projects under construction, the report said.
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