Chinese city in $130billion economy stimulus plan: paper

A man walks past a residential construction site with his luggage as he speaks on a mobile phone in ChangshaBEIJING (Reuters) – The government of Changsha, the capital of central China's Hunan province, has launched an 829 billion yuan ($ 130 billion) investment stimulus program to bolster the local economy, state media has reported. The money would be spent on 195 projects, including airport, subway and urban infrastructure facilities, as well as developing energy efficient industries, said a report by the official China News Service on Wednesday. …



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