Caixin
Mar 09, 2016 07:44 PM

Beijing Secures Over 30 Bln Yuan Needed to Relocate City Agencies

(Beijing) – Over 30 billion yuan has been secured for the relocation of city agencies out of downtown areas to the less populated Tongzhou District, about 20 kilometers to the east, over the next several years, a former Tongzhou official said.

He did not say where the money had come from.

On top of that, 100 billion yuan will be spent to develop infrastructure in the suburb in the next few years, said Wang Yunfeng, a member of the Chinese People's Political Consultative Conference, the country's top advisory body to the government. Wang served as the Secretary of the Communist Party committee in the Tongzhou government from 2007 to 2014.

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