Government Work Report: 13th National People's Congress - Development of transportation project

China’s State Council issued major guidance to ministries and the State Assets Commission (which overseas major enterprises) to promote “green transformation” of society and the economy. The document sets out broad goals for state action, which will be developed into targets during 2021.

 

It includes a strategy to expand domestic demand and accelarate the transformation of the economic growth model. The government will notably develop major transportation and water conservancy projects, and increase the national railway development capital by CNY 100 billion.

 

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