China has invested more than 6T yuan in last decade, the highest in nation's history, country's Ministry of Finance says
Nevin Barich
LOS ANGELES
,
October 30, 2012
(Industry Intelligence Inc.)
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According to the Chinese Ministry of Finance, the nation has invested more than 6 trillion yuan (US$930 billion) during the last decade, the highest in China's history, China Daily reported Oct. 30.
The ministry said that during that time, the sector's expenditure from the central budget grew to 1.2 trilion yuan from 214 billion yuan in 2003, with an annual increase of more than 21%.
The primary source of this article is China Daily, Beijing, China, on Oct. 30, 2012.
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