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CHINA PRESS
CHINA PRESS: 25 provinces have published their investment plans on major
programs this year, with 10 provinces planning to invest a total of more than
CNY1 trillion, Economic Information Daily reported on Thursday. In general, the
scale of investment in 2018 is large and up from last year, said Zhu Zhenxin,
the chief analyst at Reality Institute of Advanced Finance, cited by the report.
Compared with past investment plans, this year's investment plans emphasize more
on environmental protection projects and hi-tech projects, suggesting higher
investment quality, the report said. The number of public-private partnership
projects planned has decreased significantly from last year, which should help
to prevent debt risks and promote the sustainable growth of local economies,
said Wang Zhigang, analyst at Chinese Academy of Fiscal Science.

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