China Produces Plan To Boost Disappointing Economic Growth

NPR

Published April 3, 2014 at 4:42 AM EDT

STEVE INSKEEP, HOST:

NPR's business news starts with a tiny stimulus.

(SOUNDBITE OF MUSIC)

INSKEEP: China has announced a new plan to boost disappointing growth - if that's what you can call forecasts for a seven percent jump in economic activity in China. That's less than the Chinese are accustomed to. The package includes selling bonds to build more than 4,100 miles of new railways across central and western China. There's also tax relief for small business and more low income housing.

China's new package is designed to keep the country on track to reach target growth rates of seven and a half percent for this year. Transcript provided by NPR, Copyright NPR.

WRVO runs on listener support.

WRVO is now well into its second year without federal funding. Through it all, our mission has stayed the same: serving central and upstate New York with trusted journalism, vital local coverage, and the diverse programming that informs and connects our communities. Listeners like you are what keep journalists on the ground, asking the hard questions that matter to our region.

Stand with public media and make your gift today. You'll be supporting more than yourself. You'll be supporting everyone who depends on WRVO as a trusted resource and civic cornerstone in central and upstate New York.

Support WRVO now