AGL 38.30 Increased By ▲ 0.08 (0.21%)
AIRLINK 136.20 Increased By ▲ 7.23 (5.61%)
BOP 8.75 Increased By ▲ 0.90 (11.46%)
CNERGY 4.76 Increased By ▲ 0.10 (2.15%)
DCL 8.65 Increased By ▲ 0.33 (3.97%)
DFML 39.35 Increased By ▲ 0.41 (1.05%)
DGKC 84.54 Increased By ▲ 2.60 (3.17%)
FCCL 34.66 Increased By ▲ 1.24 (3.71%)
FFBL 76.11 Increased By ▲ 0.40 (0.53%)
FFL 12.91 Increased By ▲ 0.09 (0.7%)
HUBC 110.75 Increased By ▲ 0.39 (0.35%)
HUMNL 13.99 Decreased By ▼ -0.02 (-0.14%)
KEL 5.39 Increased By ▲ 0.24 (4.66%)
KOSM 7.75 Increased By ▲ 0.08 (1.04%)
MLCF 41.35 Increased By ▲ 1.55 (3.89%)
NBP 70.56 Decreased By ▼ -1.76 (-2.43%)
OGDC 190.31 Increased By ▲ 2.02 (1.07%)
PAEL 26.21 Increased By ▲ 0.58 (2.26%)
PIBTL 7.43 Increased By ▲ 0.06 (0.81%)
PPL 157.74 Increased By ▲ 5.07 (3.32%)
PRL 26.19 Increased By ▲ 0.80 (3.15%)
PTC 18.86 Increased By ▲ 1.16 (6.55%)
SEARL 82.50 Increased By ▲ 0.08 (0.1%)
TELE 7.83 Increased By ▲ 0.24 (3.16%)
TOMCL 34.50 Increased By ▲ 1.93 (5.93%)
TPLP 8.43 Increased By ▲ 0.01 (0.12%)
TREET 17.20 Increased By ▲ 0.42 (2.5%)
TRG 56.80 Increased By ▲ 0.76 (1.36%)
UNITY 29.22 Increased By ▲ 0.44 (1.53%)
WTL 1.35 No Change ▼ 0.00 (0%)
BR100 10,698 Increased By 39.2 (0.37%)
BR30 31,887 Increased By 555.4 (1.77%)
KSE100 99,678 Increased By 408.8 (0.41%)
KSE30 31,021 Decreased By -11.4 (-0.04%)

China will boost government investment next year to lift the country's slackening economic growth, the chief economist of the National Bureau of Statistics was quoted as saying on Saturday. Higher spending aims to lift public confidence in the face of tough challenges posed by the global economic slowdown, the Shanghai Securities News reported Yao Jingyuan as saying.
China will focus on infrastructure investment given uncertain outlook for exports, another cornerstone of economic growth, Yao said. Much of the investment would go to China's railway and underground networks. Local media have reported that the government plans to invest 5 trillion yuan ($732.6 billion) on roads, waterways and ports in the next three to five years.

Copyright Reuters, 2008

Comments

Comments are closed.