Let’s learn from China’s $157bn infra push

The Chinese government is embarking on an ambitious RMB 1 trillion ($157 billion) infrastructure investment programme in an effort to energise its sluggish economy. This was announced by the National Development and Reform Commission (NDRC), which is equivalent to the Planning Commission in India with the added responsibility of implementation of the plans. NDRC approved 25 urban rail projects, 13 highway construction projects, seven waterway projects, apart from other miscellaneous infrastructure projects.

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