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China Daily | Updated: 2016-08-26 08:39

Northeastern revival program launched

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A multibillion-dollar plan to boost northeastern China's flagging economy between 2016 and 2018 will not just use State funds, but also attract private capital, an official said on Thursday. The three-year plan is not a government "blood transfusion", an official with the National Development and Reform Commission said, implying that the investment is aimed at improving the region's economic health in the long term. The plan involves launching 127 major projects.

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