City government to invest 160b yuan — Shanghai Daily

November 18th, 2008 | by Editor |

THE Shanghai government plans to invest 160 billion yuan (US$23.5 billion) by 2010 as it implements Beijing’s policy to boost domestic demand and spur growth.

The city will also beef up urban infrastructure construction, boost investment in suburban areas to develop advanced agriculture and help small- and medium-sized enterprises to raise capital.

SOURCE: Shanghai Daily – City government to invest 160b yuan

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