China contributes to world economy

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In order to make best use of the 4 trillion yuan stimulus package. The state has measures in place to prevent spending on overlapping construction projects and inefficient investment.

Zhang Ping (C), minister in charge of the National Development  and Reform Commission of China, Chinese Finance Minister Xie  Xuren (R) and Zhou Xiaochuan (L), governor of the People's  Bank of China, attend a press conference on dealing with the  global financial crisis and maintaining steady and relatively  rapid economic growth held by the Second Session of the 11th  National People's Congress (NPC) at the Great Hall of the  People in Beijing, capital of China, March 6, 2009.  (Xinhua/Fan Rujun)

The focus is on priority projects, and procedures have put in place for selection. Investment will be determined on a scientific basis. Scrutiny will be tightened, with stronger supervision and inspection to ensure effective and proper use of the new funds.

In addition, implementation of positive fiscal policies is also high upon the government agenda.