China to focus investment on five major sectors in 2009 (Dec 15)
China will put the bulk of its investment on the development of agriculture, low-cost housing project, infrastructure, energy conservation and social welfare next year, People's Daily, the mouthpiece of the Communist Party of China, reports on Sunday.
Explaining the use of the central government investment, Zhang Ping, minister in charge of the National Development and Reform Commission, said the country will pump more investment into construction of key water control projects, repair of reservoirs in danger and building of more water-saving facilities at major irrigation areas.
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