Han Yongwen, secretary-general of the National Development and Reform Commission, said investment in these sectors accounted for 10 percent of the 230 billion yuan government spending to date on infrastructure, ecological and environmental sectors, quake relief and other areas.
China unveiled a 4-trillion-yuan stimulus package in November last year to be spent over the next two years with 1.18 trillion yuan spending from the central government, to cope with the adverse effects of the global financial crisis and shore up the domestic economy.
"This ratio of 10 percent was not low. It shows that the central government not only focuses on stimulating domestic demand and keeping stable economic growth, but also stresses laying a good foundation for the economy's sustainable development in the long run," Han said.
Of the 23 billion yuan spending, 13 billion went to improving urban water treatment facilities, 4 billion yuan to pollution prevention projects on the Huaihe and other big rivers, 3.5 billion yuan to forest planting projects and the other 2.5 billion yuan to key energy saving projects across the country.
- 英语文摘:Xi, Putin to witness opening of nuclear energy cooperation project via video link
- 英语文摘:China hits 400 mln vaccine doses following recent COVID-19 outbreaks
- 英语文摘:China, Italy pledge to deepen bilateral ties, advance China-EU cooperation
- 英语文摘:Chinese vice premier urges efforts to facilitate college graduate employment
- 英语文摘:Xiplomacy: Xi's civilization view offers insight into today's world