e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

Latest
Special> NPC & CPPCC Sessions 2010> Latest
UPDATED: March 5, 2010
China Reports Hefty Investment to Improve People's Livelihood in 2009: Premier
 
Share

 

Chinese Premier Wen Jiabao delivers a government work report during the opening meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 5, 2010 (XINHUA) 

"The Chinese government made hefty investment, 44 percent of the total public investment from the central budget, to improve people's livelihood last year, Premier Wen Jiabao said at the parliament's annual session Friday.

In 2009, the central government's public investment was 924.3 billion yuan (135.3 billion U.S. dollars), 503.8 billion yuan more than in the previous year's budget," Wen said while delivering the government work report at the Third Session of the 11th National People's Congress, the country's top legislature.

"Of this, 44 percent was invested in low-income housing, projects to improve the well-being of rural residents and social programs," he said.

The Chinese government unveiled a 4-trillion yuan economic stimulus plan in November of 2008 to finance programs in 10 major areas over two years to 2010. A total of 1.18 trillion yuan is offered by the central government while the remaining from local governments and private sector.

(Xinhua News Agency March 5, 2010)



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved