Home / China / National affairs

$1.2b spent on banquets, trips and vehicles

By Zhao Yinan | | Updated: 2013-06-27 21:14

Expenditure on overseas trips, banquets, vehicle purchases and maintenance came to 7.4 billion yuan ($1.2 billion) in 2012, the finance minister said on Thursday.

This was 559 million yuan less than in 2011, said Finance Minister Lou Jiwei in a report to the National People’s Congress Standing Committee.

Lou said nearly 55 percent, 4.1 billion yuan, of the total expenditure goes on purchasing and maintaining vehicles for the government and various agencies.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349