The World Bank (WB) lent China US$1.475 billion to
finance urban and rural construction in 2006, according to the
Ministry of Finance (MOF).
The bank said that it will loan US$200 million to
support China's railway construction.
The WB funds will be used to upgrade a railway linking
Liupanshui city in southwest China's Guizhou Province and Zhanyi county in Yunnan Province.
(Xinhua News Agency January 10, 2007)
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