News Snapshot:
The State Council’s executive meeting chaired by Premier Li Keqiang on Sept 22 adopted the 14th Five-Year Plan for New Infrastructure Development, to spur domestic demand, economic transformation and growth sustainability. In the 14th Five-Year Plan period (2021-2025), a well-calibrated layout will be made for the development of new infrastructure, underpinned by information networks and technological innovation. This is conducive to sustaining growth, readjusting the structure and benefiting the people. “We should better harness the key role of effective investment,” Premier Li said. “Advancing new infrastructure development will help mobilize effective investment, sustain growth, readjust the structure and enhance people’s...
