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

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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