Economy

Markets

Industries

Insights

Reports

Events

Stimulus spending to be monitored against corruption

By Zhang Qi (China Daily)
Updated: 2008-11-27 14:20

NDRC Nov 27 Press Conference

Related readings:  China to buy crops to protect farmers  350b yuan to pour into environmental industry  Total investment to surpass 18t yuan next year  Fuel tax scheme to be made public soon Economic planner unveils stimulus breakdown  NDRC: China to continue towards market determining RMB

The central government will take several measures to ensure China's 100 billion yuan stimulus package is spent properly and prevent corruption, said Zhang Ping, minister of the National Development and Reform Commission at a press conference in Beijing today.

He said the government would decide who takes respective responsibility and make sure they follow procedures. 24 inspection teams were set up to dispatch to 31 provinces and autonomous regions to carry out supervision and inspection work.