Forbidden City

What's after the '4,000bn thing'?

  • Published 14 May 2009

Wen Jiabao announced in early May that Beijing has yet more economic booster plans up its sleeve. China Confidential considers some of the new initiatives.

"People say it looks like the 4,000bn stimulus package has been used up already. But such people really don't understand us. In meeting the challenge of the financial crisis, we are far from stopping at 4,000bn. That is just one of our four agenda items, the one aimed at investment in civil engineering and infrastructure. We also have plans to revive ten big industries, support technological upgrading, and social welfare. These are working in unison. Almost every week we have policies and these policies will be unceasingly put forward this year. That is way more than the 4,000bn thing!"

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