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In 2013, new highways for $ 19 billion will be built in China

The Chinese government decided to allocate 120 billion yuan ($ 19 billion) to finance the construction of local transport infrastructure in 2013. This is written today by the newspaper Sinhua.

According to the budget resolution established by the Central Government, the money will be received from taxes for the purchase of cars and used to improve highways, the construction of new highways for transportation of negatarite goods and rural roads.

China authorities pursue a consistent policy to stimulate investment in infrastructure projects, trying to withdraw the national economy from stagnation. More than trillion Yuan will be invested in 2013 in the largest construction projects in the history of modern China, writes Sinhua.

The Chinese leadership is difficult to worry that the second economy in the world last year for the first time in 15 years showed GDP growth less than 8%.


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