China's Xi banks on infrastructure development to boost economic growth

China will accelerate the infrastructure construction in the remaining months of this year, and the central government will use financial instruments to support the financing of infrastructure projects, President Xi Jinping said in a meeting held by the Financial and Economic Commission on Tuesday April 26.

China‘s central and local governments need to optimize the layout, structure, function and development mode of infrastructure, Xi said. Government, he said, needs to build a modern infrastructure system, because...

Published

Jessica Zong

April 27, 2022

09:55 GMT

Shanghai