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Home Latest News

China seizes $47b unspent govt funds as of end-August

byCustoms Today Report
24/09/2015
in Latest News
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BEIJING: China’s government had seized over 300 billion yuan ($47 billion) of unspent government funds as of the end of August, the cabinet said after a weekly meeting.
Authorities have also abolished price controls in 80 areas that include the natural gas and electricity sectors, State Council, said.

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