China’s cabinet has moved to quicken the pace of 102 major infrastructure projects outlined in its 2021-25 development plan. Photo: Xinhua
China’s cabinet has moved to quicken the pace of 102 major infrastructure projects outlined in its 2021-25 development plan. Photo: Xinhua

China’s infrastructure push to fast-track 102 major projects as Omicron and economic risks loom large in 2022

  • Cabinet says ‘surmounting obstacles’ and ‘growth stabilisation’ are taking precedence in economic decision-making, along with boosting domestic consumption
  • In the past, unregulated infrastructure spending raised local government debt and threatened stability of national economy

Topic |   China's economic recovery
China’s cabinet has moved to quicken the pace of 102 major infrastructure projects outlined in its 2021-25 development plan. Photo: Xinhua
China’s cabinet has moved to quicken the pace of 102 major infrastructure projects outlined in its 2021-25 development plan. Photo: Xinhua
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