China to expand effective investment
Xinhua |
Updated: 2021-03-05 09:36
Share
Share - WeChat
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.
- China saw a record 596 million domestic trips and spending of more than 803 billion yuan ($117 billion) during the nine-day Spring Festival holiday: Ministry of Culture and Tourism
- Tap to hear Spring Festival traditions in Shandong
- White and pink flowers in full bloom in Guangzhou
- Egyptian-Chinese team unearths King Apries temple structure in Giza
- China's transport network sets a new record in cross-regional passenger trips
- Mianhua steams up good fortune for Chinese New Year
