430 punished for misuse of stimulus plan package

08:16, January 05, 2011      

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A total of 430 people have been punished for violating laws and disciplines during a national inspection to find out whether China's huge economic stimulus package was properly used.

China's disciplinary inspection and supervision organs launched a nationwide campaign, starting from the fourth quarter of 2008, to check the implementation of the country's 4 trillion yuan (roughly $604 billion) stimulus plan.

The plan was introduced in late 2008 to boost domestic demand in response to international crisis.

A total of 314 cases were registered, and the investigations of 291 cases were concluded as of the end of August 2010.

Source:Xinhua
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