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China Daily | Updated: 2015-02-05 08:36
Governments and policies
$2.4 trillion worth of investments revealed
Fourteen provinces in China have launched plans for total investment of more than 15 trillion yuan ($2.4 trillion) in 2015 in an effort to stabilize the economy, an amount which exceeds the country's fiscal revenues last year. Most of the investments will be directed to the transportation, energy, agriculture, information technology and environmental protection sectors. Another priority is expected to be industrial transformation and upgrading, while some provinces are planning to specifically focus on electronic information and cultural tourism.
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