The Chinese government is preparing to unveil details of how it has used its CNY4 trillion (USD585.5bn) economic stimulus package after the country's citizens demanded greater clarity on spending.
Government officials announced the stimulus package in November of 2008, but details of how it has been used have failed to emerge, prompting public interest in the issue.
In light of this, the Vice Minister of the country's National Development and Reform Commission (NDRC), Mu Hong, has announced that details will be published on the NDRC's website.
The government is also thought to be considering a second stimulus package, in support of the first.
.
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment