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To: on parole who wrote (4403)	7/31/1999 3:56:00 AM
From: jmhollen	Respond to of 7209

"..From the Jus' so's ya know Department..": [Muzi Lateline News (dailynews.muzi.net): 5/17/99] BEIJING - China unveiled a list of 102 key infrastructure projects on Tuesday, including 11 new ones, to be funded largely by the state this year, the China Daily reported. The new projects included a subway in the southern city of Shenzhen and an expansion of the transport network in Shanghai, the newspaper said. The other new projects were for water concervancy, railway and hydropower and had been approved by the State Development Planning Commission (SDPC) it said. Construction of the remaining 91 projects was underway and would continue throughout the year, the newspaper said but did not reveal the cost of the projects. Last year, China began to pump 200 billion yuan ($24 billion) raised from state bond issues and bank loans into infrastructure construction to boost a slowing economy. The money was injected into a wide range of projects such as telecommunications, rural electric power grid, river dykes and roads, and had not yet been used up. State media reported the renovation of rural power grids was a key project and was critical to the state's plan to invigorate the economy by expanding rural consumption. The China Daily also said the SDPC would punish government or company officials found involved in irregularities such as embezzling construction funds. The newspaper published a telephone hotline and an E-mail address for poeple to report construction-related malpractice to the SDPC.