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China will improve the quality and efficiency of foreign investment activities
Today, the third session of the 12 National People’s Congress of National Representatives opened in Beijing, which will approve the state budget for the 2015 year and identify the main goals of socio-economic development.
In accordance with the country's social and economic development plan for 2015, the volume of investments in the non-financial sector of foreign countries will be increased to 113 billion dollars or by 10%. It is planned to promote projects such as the construction of railways, ports and highways. "It is necessary to improve the quality and efficiency of foreign investment activities"- said in the plan of the State Committee of China.
To build the same priority infrastructure projects within the country, the Chinese Government will allocate about 2015 billion dollars from the central budget in 73. According to the document, the government also intends to raise additional funds for these purposes from other sources.