Sichuan gets 1/4 of stimulus
China Daily | Updated: 2009-05-22 07:56
A quarter of the nation's 4 trillion yuan ($586 billion) economic stimulus package is going toward reconstruction in quake-devastated Sichuan province, the government said yesterday in an outline of how the program is being implemented.
The report by the National Development and Reform Commission was the first detailed outline of how the government intends to spend the stimulus funds and what it has done.
Spending related to rebuilding from the May 12 quake totals 1 trillion yuan, the report said.
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