China's fiscal push with 9,600 projects to revitalise economy
Edited By WION Video Desk
Published: Dec 25, 2023, 06:05 IST | Updated: Dec 25, 2023, 06:05 IST
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China is taking bold steps to boost its economy with a massive 1 trillion yuan investment plan. The national development and reform commission (NDRC) has identified 9,600 public projects, including flood control and disaster relief programs, totaling over 560 billion yuan. this initiative, responding to economic challenges post-covid-19, marks a significant move to address issues like weak exports and a real estate crisis.
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