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China to Favor Western Regions in Road Construction

China is to double its investment in road construction in the western region in the next five years, Vice Minister of Communications Zhang Chunxian said Thursday.

Zhang said at the just-concluded China Western Forum that his ministry has reduced road construction investment in the eastern region by half this year to support the less-developed western region.

The ministry will also invest one billion yuan (about US$121 million ) in the next five years to solve technical problems in the construction of transportation facilities in the western region.

Statistics show that in the coming 10 years China is to allocate some 800 billion yuan (US$96.7 billion) to build some 350,000 kilometers of roads in western region.

( 09/07/2001)

In This Series

China to Favor West in Fiscal Policy

Big Income Tax Cut for Foreign Enterprises in West Region

China Invests More in Western China Development

Environment Crucial to West

Western Region Will Open Market Wider

The West Potential for Use of Overseas Fund

Development of West China to Speed Up

Shanghai: East, West Cultures Meet

References

Chinese Bank to Put 100 Billion Yuan Into Road Construction

Tibet Railway Construction Set to Start in July

More Roads to Improve Tibet's Contacts

Construction of Major Roads Helps Shorten Travel Time

Sichuan-Tibet Highway Landslide Being Cleared

More Roads, Ports Planned

Country to Be Linked by Highway Network

Archive

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