Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, July 2 (Xinhua) — Chinese authorities have finalized and released a complete list of key construction projects for this year aimed at implementing major national strategies and enhancing security capabilities in priority areas, the National Development and Reform Commission of the People’s Republic of China said on Wednesday.
The department noted that after the recent allocation of more than 300 billion yuan for the third / final / group of projects in 2025, the total amount of allocated funds amounted to 800 billion yuan / about 111.8 billion US dollars /.
The NSC said the funds will support 1,459 projects in priority areas including restoration of the Yangtze River basin ecosystem, major transportation infrastructure projects along the Yangtze River, the new western land-sea corridor, high-standard farmland, major water conservancy projects and urban underground pipelines.
The department promised to speed up new reform measures in priority areas, including improving the financing models for the Yangtze River railway, establishing and improving the operation mechanisms of underground pipelines, and optimizing the planning of national logistics hubs.
China is making efforts to expand effective investment and stimulate consumption. In addition to the implementation of the above-mentioned significant projects, support for large-scale equipment renewal programs and trade-in for consumer goods is also being increased.
In 2025, to support the trade-in program, the Chinese authorities issued ultra-long special treasury bonds totaling 300 billion yuan, with the first two tranches of financing totaling 162 billion yuan allocated in January and April, respectively. The third tranche is scheduled for July.
China’s gross domestic product grew 5.4 percent year-on-year in the first quarter of 2025. The economic growth target for this year is around 5 percent. –0–