The State Council, China’s cabinet, on Wednesday called for using fiscal funds more efficiently, focusing on stabilizing economic growth, adjusting the economic structure and improving people’s well-being.
The country will increase financial input to areas such as the renovation of dilapidated neighborhoods, energy conservation and environmental protection, improvements in public services, urban infrastructure construction and boosting consumption, according to a statement released after a State Council meeting, chaired by Premier Li Keqiang.
It also vowed to ensure the proper use of poverty alleviation funds and social security funds.
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