Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

Half central funds under China stimulus plan allocated: Finance Ministry


Post Date: 02 Jul 2009    Viewed: 738

Half of the Chinese central government funds of 1.18 trillion yuan (172.6 billion U.S. dollars) promised under last year's economic stimulus package had been allocated through June, the Ministry of Finance (MOF) said on its website Friday.

The ministry said 591.5 billion yuan had been allocated, of which 21.2 percent would go to rural infrastructure, 11.9 percent to medical care, education, public welfare and culture projects and 33.8 percent would help rebuild areas hit by last year's massive earthquake.

In the 4 trillion yuan stimulus package announced last November,1.18 trillion yuan, or 29 percent of the total, was to come from the central government. The remainder was to be supplied by local governments and the private sector.

The 1.18 trillion yuan is expected to be invested in three batches. A total of 104 billion yuan investment was arranged in the fourth quarter in 2008 and 487.5 billion yuan was planned in 2009. The central government would allocate 588.5 billion yuan in 2010, an MOF official said.


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0233 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2