| |

chinadaily.com.cn
 
 
 
  Home
  News Update
  Theory Defined
  Achievements
  China in Statistics
  China in Pictures
  Party History
  Party Leaders
  Party Structure
  Party in My Eyes
  Local Elections
  Reader Comments
  Editorial
 

  16th Party Congress  
     
     
  China injects 260 billion yuan into develop-the-west projects (11/12/2002)

The central government has injected some 260 billion yuan (31.3 billion US dollars) into developing China's vast western areas in the last three years, according to data obtained Tuesday at the media center of the ongoing 16th National Congress of the Communist Party of China.

Of the total, about 200 billion yuan (24 billion dollars) were allocated for infrastructure, 50 billion yuan (6 billion dollars) for environmental protection, while over 10 billion (1.2 billion dollars) went to social undertakings.

In addition, 160 billion yuan (19 billion dollars), or over one- third of the long-term state treasury bonds was used for western development. The central government also transferred 300 billion yuan (36 billion dollars) of payment to the western areas. Moreover, outstanding loans from financial institutions in the western region increased by more than 600 billion yuan (72 billion dollars) in the three years.

(xinhua)

 
     
     
  Forum ... ...  
     
 

Jiang Zemin, in his report to the 16th National Congress of the Communist Party of China, said the Party's door is open to all positive factors of the society, including private entrepreneurs, foreign-invested firm employees, self-employed businessmen and freelance professionals, he also said that the Party should advance with the times. What's your opinion?

 
     
  see comments  
     
  Related ...  
     
    HKSAR Five Years  
    Party 80th Anniversary  
    Key Documents  
    China in Brief  
    China's Taiwan  
    China's Tibet  
     
     
     
     
  Copyright 2002 By chinadaily.com.cn. All rights reserved