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China, post-virus, will invest 34 trn yuan (equivalent to 34% of 2019 GDP) on "new infra" - 5G, UHV, intercity high-speed railway, new energy vehicles, big data centers, AI (via)

As of March 1, 13 provinces and municipalities have released a list of investment plans for key projects in 2020. The investment list includes a total of 10,326 projects, totaling 33.83 trillion yuan; another 8 provinces announced annual investment, totaling about 2.79 trillion yuan.

#China #Economics #Technology #Infrastructure