The number
China Daily | Updated: 2013-07-08 07:13
5 percent
The central government will cut its expenditures this year by 5 percent, the Ministry of Finance announced on Sunday, in a move to further live up to the new leadership's promise to be frugal, improve work style and reduce red tape. The expenditures will be saved from office buildings construction, public-funded vehicles purchases, receptions and overseas trips.
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