Investment
A Fuxing bullet train makes its debut on the Beijing-Shanghai line. [Photo/VCG]
China will expand effective investment as appropriate. 800 billion yuan will be invested in railway construction, 1.8 trillion yuan will be invested in road construction and waterway projects and work will start on a number of major water conservancy projects.
Li Qilin, chief economist at Lianxun Securities, said since China first presented the idea of enhancing its domestic market in December, the report specified targeted areas to stabilize consumption and investment.