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Sign in Sign up for a FREE subscriptionBeijing plans $35.9b in urban projects
The Chinese capital has announced to push forward 300 urban projects in 2020, involving 252.3 billion yuan ($35.9 billion) in investment, reported Xinhua News Agency.
The projects will include 100 infrastructure projects, 100 livelihood improvement projects and 100 high-tech industrial projects.
The infrastructure package includes 28 road projects, 11 waterway projects and six waste transportation and treatment projects.
The 100 livelihood improvement projects aim to complete 90,000 subsidized houses this year. Other projects include new university campuses, hospitals, senior housing and other facilities.