China supports shift of resource-exhausted cities
Updated: 2013-07-04 09:59
(Xinhua)
|
|||||||||||
BEIJING - Central government spending on transfer payments given to resource-exhausted cities will amount to 16.8 billion yuan ($2.72 billion) in 2013, the Ministry of Finance (MOF) said Wednesday.
The amount marks a year-on-year rise of 5 percent, said the ministry.
Heilongjiang, Liaoning, and Jilin provinces are the top three beneficiaries, with 2.04 billion yuan going to Heilongjiang, 1.64 billion yuan to Liaoning and 1.53 billion yuan to Jilin.
The arrangement depends mainly on the conditions of resource exhaustion, the local non-agricultural population, a province's fiscal power and a city's financial situation, said an official from the MOF's budget division.
The money will flow to local ecological management programs, municipal infrastructure construction and social security sectors, the anonymous official said.
The transfer payment was initiated in 2007 by the central government to advance city transformations nationwide. A total of 69 cities have been brought into its scope since then.
Related Stories
China's Yichun grows a model green city 2013-06-28 14:35
The building of Jieyang eco city approved 2013-06-24 17:30
Urban planners eye China's cities 2013-06-22 08:58
First-tier cities barely livable, report says 2013-05-21 01:41
440b yuan credit line for building smart cities 2013-04-12 09:54
Today's Top News
Woman executed for drug trafficking
Shanghai gets go-ahead for free trade zone
Obama, Merkel agree talks on surveillance program
China urges more efficient uses of fiscal funds
Egypt army topples president Morsi
Pilot flight for Internet on Air China services
Frankfurt aims to be key yuan center
China boosts handling of nuke emergencies
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Graduates face grim hunt for job |
Parents learn a lesson on homes |
Taking the reins of great change |
Lifting the veil of feng shui |
A growing thirst for water safety |
Justice, Tibet style |