BEIJING, Oct. 12 (Xinhua) -- China plans to invest
468.9 billion yuan (68.65 billion U.S. dollars) in projects to boost the
development of the country's western region in 2009, said the National
Development and Reform Commission (NDRC) Monday.
The investment will go to 18 projects, including
railways, express ways, hydropower stations, shipping hubs, water control
projects and airports.
These projects play a vital role in implementing
China's West Development Strategy, promoting economic and social development
there and improving people's livelihood in the region, said an official with the
China has launched 102 projects for boosting western
region development from 2000 to 2008, involving 1.74 trillion yuan of
investment, according to the NDRC.
The West Development Strategy is a policy adopted by
the Chinese government to help underdeveloped western region catch up with
prosperous eastern region.