China’s 4 trillion yuan stimulus to boost economy, domestic demand_English_Xinhua
November 11th, 2008 | by Editor |A stimulus package estimated at 4 trillion yuan (about 570 billion U.S. dollars) will be spent over the next two years to finance programs in 10 major areas, such as low-income housing, rural infrastructure, water, electricity, transportation, the environment, technological innovation and rebuilding from several disasters, most notably the May 12 earthquake.
SOURCE: Xinhua – China’s 4 trillion yuan stimulus to boost economy, domestic demand_
