China approves five new airports

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By TESTCustomwebLP TESTCustomwebLP October 23, 2014 20:11

China approves five new airports

During September, the Chinese central bank injected CNY500 billion ($81 billion) into five major state-owned banks with the intention of using that money on important infrastructure projects, including five new airports: one each in the north western-provinces of Qinghai and Inner Mongolia, one each in the south-western provinces of Yunnan and Guizhou, and one in the north-eastern province of Jilin.

The cost of construction of the five sites, as well as three railway systems has been reported to be around CNY150 billion ($ 24.5 billion).

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By TESTCustomwebLP TESTCustomwebLP October 23, 2014 20:11