04-22-2009 11:21

Special Report:   Global Financial Crisis

The Chinese government is poised to launch its third batch of stimulus investments in large domestic projects in the second quarter. That's according to the China Securities Journal.

The Chinese government is poised to launch its third batch of stimulus investments in large domestic projects in the second quarter.
The Chinese government is poised to launch its third 
batch of stimulus investments in large domestic 
projects in the second quarter.

The central government has so far spent 230 billion yuan of its 4-trillion-yuan stimulus package announced last November to bolster the slowing economy. According to the Journal, the new money will be spent on projects that will more directly improve the everyday life of ordinary people.

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Editor:Qin Yongjing