China to spend two thirds of central budget on people's livelihood in 2011

16:08, March 07, 2011      

Email | Print | Subscribe | Comments | Forum 


Chinese Finance Minister Xie Xuren speaks at a press conference of the Fourth Session of the 11th National People's Congress (NPC) on fiscal policy and related issues in Beijing, capital of China, March 7, 2011. (Xinhua/Xing Guangli)

China will spend two thirds of central budget on improving the people's livelihood in 2011, Finance Minister Xie Xuren said Monday.

The funds will be used to boost education, health care, social security and job creation, Xie told a press conference.

The government will also use the money to improve agriculture, water conservation, transport and environmental protection, he said.

China's central budget hit 5.436 trillion yuan (827.6 billion U.S. dollars) this year, a rise of 12.5 percent over that of last year, according to the 2011 budget draft submitted to the on-going parliamentary session.
 
 
  Weekly review  
 
 
 
     
 
 

Source: Xinhua
  • Do you have anything to say?

双语词典
dictionary

  

Related Channel News

Special Coverage
  • Survey for 2011 NPC and CPPCC Sessions
  • Focus On China
Major headlines
Editor's Pick
  • China has sufficient grain reserve
  • UK's Olympic water team poses naked for underwater photo
  • Ekin Cheng's concert in Hong Kong
  • China showcases major hi-tech progress in 11th Five-Year Plan
  • Chinese foreign minister meets the press on the sidelines of NPC session
  • Winners, losers in smartphone revolution
Hot Forum Dicussion