Beijing will invest more than 320 billion yuan ($36billion) over the next four years to beautify the city in time for the 2008 Olympic Games, up from an original investment of 230 billion announced in 2003.
The money will be invested in more than 860 infrastructure construction projects to build “a more beautiful more developed and more prosperous new Beijing”, reports the Xinhua news agency’s website.
Ding Xiangyang, director of the Beijing Municipal Commission of Development and Reform, said the city will continue to focus on resolving energy supply problems and easing transportation chaos that citizens have complained about, reports the Beijing Youth Daily.
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