China Eliminates “Weak Links”

Chinese Premier Li Keqiang vows to speed up major investment projects that create “weak links” in the economy, such as water conservancy, poverty alleviation and urban flood prevention. Li claims doing so is key to boosting demand and developing a proper context for China’s structural reform. “China is still a developing country with huge development gaps among regions and also between rural and urban areas”, notes Li. The government will send off inspection teams to ensure these investment projects are well underway and will be complete in a timely manner.

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