(Reuters) – China will allocate about 4.7 trillion yuan ($767 billion) for road projects between 2013 and 2030, the Ministry of Transport said on Thursday, in the latest step by policymakers to underpin growth in the world’s second-largest economy.
China plans to have about 400,000 kilometres of roads across the country by 2030, compared to 173,000 kilometres by the end of 2012, Dai Dongchang, an official from the Ministry told a news conference.
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Xiaoyi Shao and Jonathan Standing, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/VLjlQ2RDGsI/
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