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China Invests More in Western China Development
China is to allocate 300 billion yuan this year for building 10 key projects in the western part of China.
The projects include the Qinghai-Tibet Railway, the gas pipeline from the Tarim Basin oilfield in northwest China's Xinjiang Uygur Autonomous Region to the Yangtze River Delta in east China, the Hydro-electric Power Station at Longtan in the Guangxi Zhuang Autonomous Region, water-control projects in Guangxi, Inner Mongolia, Xinjiang and Yunnan Province, comprehensive treatment of Tarim River in Xinjiang, and a cross- country railway line in Yunnan Province.
Since the Chinese government shifted the emphasis of economic development to western China, the country earmarked a total of 113 million yuan worth of treasury bonds for infrastructure projects and eco-environment improvement last year. Some 40 percent of the projects have been completed.
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