Inspections target fund misuse
By Zhu Zhe | China Daily | Updated: 2008-11-25 07:47
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Workers at a cement factory in Huaying, Sichuan province, yesterday. Companies and local governments have been pouring money into infrastructure projects since the central government announced an economic stimulus package earlier this month. Qiu Haiying |
Local authorities caught misusing funds from the central government's 100-billion-yuan ($14.6 billion) economic stimulus package risk having their allocated amount withdrawn or cut, an official statement said yesterday.
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