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Author Topic: China's huge economic stimulus package  (Read 576 times)

MikeLigalig.com

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China's huge economic stimulus package
« on: January 05, 2011, 10:11:19 AM »
A total of 430 people have been punished for violating laws and disciplines during a national inspection to find out whether China's huge economic stimulus package was properly used.

China's disciplinary inspection and supervision organs launched a nationwide campaign, starting from the fourth quarter of 2008, to check the implementation of the country's 4 trillion yuan (roughly 604 billion U.S. dollars) stimulus plan.

The plan was introduced in late 2008 to boost domestic demand in response to international crisis.

A total of 314 cases were registered, and the investigations of 291 cases were concluded as of the end of August 2010. (PNA/Xinhua)

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