Opinions of the General Office of the State Council on Coping with the Global Financial Crisis and Maintaining Steady and Properly Rapid Economic Development in the Western Area of China

9. Increase investment and implement organizational safeguards

More policy supports shall be given. The central government shall appropriate more capital to the western area and gradually increase general and special transfer payments to the western area. More percentage of the newly-established investment of the central government for increasing domestic demand shall be appropriated to the western area, mainly for fields including livelihood projects, infrastructure, ecological environment restoration and after-quake rebuilding. The investment amount shall be increased and investment structure shall be optimized, so as to promote steady and fairly fast economic and social development of the western area. The enthusiasm of both the central government and local governments shall be utilized, through government investment, to promote increase of bank loans and social investment and guide private investment in projects in line with national industrial policies.

More efforts shall be made on execution of policies and tasks. The member units of the western development leadership team of the State Council shall, according to the real situation and their functions, carry out all kinds of tasks. The National Development and Reform Commission shall proactively make comprehensive coordination, perfect policies and measures for western development and study major issues regarding western development, so as to promote steady and fairly economic and social development of the western area.

General Office of the State Council

Sept. 30, 2009