¡¡¡¡BEIJING, Nov. 12 (Xinhuanet) -- The central government has injected
some 260 billion yuan (31.3 billion US dollars) into developing China's vast
western areas in the last three years, according to data obtained Tuesday at the
media center of the ongoing 16th National Congress of the Communist Party of
China.
¡¡¡¡Of the total, about 200 billion yuan (24 billion dollars) were
allocated for infrastructure, 50 billion yuan (6 billion dollars) for
environmental protection, while over 10 billion (1.2 billion dollars) went to
social undertakings.
¡¡¡¡In addition, 160 billion yuan (19 billion dollars), or over one-third
of the long-term state treasury bonds was used for western development. The
central government also transferred 300 billion yuan (36 billion dollars) of
payment to the western areas. Moreover, outstanding loans from financial
institutions in the western region increased by more than 600 billion yuan (72
billion dollars) in the three years. Enditem