Xinhua News Agency reports (via MNI):

  • Heilongjiang province in north China has unveiled 65 projects
  • Planned investment of more than CNY300 billion in 2014-15
  • Focus is on infrastructure, including railways, roads, airports, irrigation facilities and power generation, as well as public housing, environment protection and projects to promote agricultural production
  • Government to offer tax rebates and interest subsidies to manufacturing enterprises (conditions apply) and increase the quota of government purchases for products made by small businesses
  • Requested local banks to expand lending to agriculture and small businesses
  • Encouraged cooperation with Russia in resource development and to increase exports to the country