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Post by bot on Dec 3, 2010 14:17:54 GMT -5
China mulls $1.5t boost for strategic industries China is considering investments of up to $1.5 trillion over five years in seven strategic industries, sources said, a plan aimed at accelerating the country's transition from the world's supplier of cheap goods to a leading purveyor of high-value technologies. Analysts expressed scepticism at the sheer amount of money - it equates to about 5 percent of China's gross domestic product on an annual basis - but said that the eye-popping headline figure was an indication of the government's deter ... english.people.com.cn/90001/90776/90884/7220069.html
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