Source: China Daily

03-05-2009 11:07

Special Report:   2009 NPC & CPPCC Sessions

China's fixed asset investment will grow 20 percent this year, the National Development and Reform Commission said in a report to country's top legislature today.

The central government will invest 908 billion yuan ($132.79 billion) in various infrastructure projects this year such as economical housing, education, railway and earthquake rebuilding efforts, Chinese Premier Wen Jiabao said at the opening meeting of the parliament's annual session.

"We must maintain relatively rapid investment growth and optimize our investment structure," Wen said in the report to the National People's Congress.

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Editor:Xiong Qu