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Shanxi injects over $1b for rural vitalization

( chinadaily.com.cn )

Updated: 2018-08-27

Shanxi injects over $1b for rural vitalization

A press conference centered around rural vitalization in Shanxi province is held in Taiyuan on Aug 22. [Photo/sxrb.com]

The Shanxi province will inject new funds worth 9.02 billion yuan ($1.33 billion) to vitalize rural areas, according to a government press conference held in Taiyuan on Aug 22.

The funds from the central and provincial governments as well as financing from public-private partnerships will be used in four ways: 990 million yuan for rural industrial vitalization, 7.47 billion yuan for improving rural living standards and the environment, 420 million yuan for rural public services and 148 million yuan for furthering rural reform.

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