Pour More Money in Infrastructure Construction

Beijing will invest 180 billion yuan (US$21.68 billion) in the construction of local infrastructure facilities in the next five years, Beijing Mayor Liu Qi said Sunday.

Major investment will be allocated to the construction of traffic facilities and energy resource projects, said Liu at the ongoing 4th session of the 11th Beijing Municipal People’s Congress.

The traffic facilities will include a group of urban light railways, subways and highways, and energy resources projects will include the second Shaanxi-Beijing gas transmission line, the Inner Mongolia-Beijing high voltage electricity transmission route and a thermal power plant in suburban Beijing.

Liu said that during the 2001-2005 period, Beijing will work harder to improve urban construction, protect relics and enhance environmental construction.

According to a plan, Beijing will pour 45 billion yuan (US$5.4 billion) to protect the local environment. By 2005, the rate of areas covered by grass and trees is expected to reach 48 percent in the city.

(Xinhua 02/05/2001)



In This Series

Beijing’s Revenue Rising by Big Margins

Beijing Makes Development Plan for New Century

Beijing Reports Higher GDP in 2000

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