Source: China – South China Morning PostChina will continue to “scientifically” plan and build megaprojects while maintaining its “investment intensity” over the next five years, officials said – even as Beijing seeks to shift to a more consumption-driven growth model.
“To further drive economic development and improve people’s livelihoods, it is essential to maintain a certain scale of investment,” said Li Chunlin, vice-chairman of the National Development and Reform Commission (NDRC), the country’s top economic planner, at a press…Read More