Fast growth in fiscal spending
By Wei Tian | China Daily | Updated: 2011-12-28 08:24
BEIJING - China will see a faster-growing fiscal expenditure next year, together with moderate scales of fiscal deficit and public debt, to prompt a steady development, Vice-Premier Li Keqiang said on Tuesday.
Li said more priorities should be given to the areas related to improving people's livelihood, so as to boost the domestic demand and consumption.
And the country will also strive to maintain a proper pace of investment and foreign trade growth.
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