国内英语资讯:Beijing sets up investment fund for its sub-center
<p><span word="BEIJING">BEIJING</span>, <span word="March">March</span> 30-- <span word="Beijing">Beijing</span> <span word="Municipality">Municipality</span> <span word="has">has</span> <span word="set">set</span> <span word="up">up</span> <span word="an">an</span> <span word="investment">investment</span> <span word="fund">fund</span> <span word="worth">worth</span> <span word="billions">billions</span> <span word="of">of</span> <span word="dollars">dollars</span> <span word="for">for</span> <span word="developing">developing</span> <span word="its">its</span> <span word="sub">sub</span>-<span word="center">center</span> <span word="of">of</span> <span word="Tongzhou">Tongzhou</span> <span word="District">District</span>, <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="fund">fund</span>'<span word="s">s</span> <span word="major">major</span> <span word="investor">investor</span>.</p><p><span word="Beijing">Beijing</span> <span word="Investment">Investment</span> <span word="Group">Group</span> <span word="Co">Co</span>. <span word="Ltd">Ltd</span>. (<span word="BIG">BIG</span>), <span word="a">a</span> <span word="cornerstone">cornerstone</span> <span word="investor">investor</span> <span word="of">of</span> <span word="the">the</span> <span word="fund">fund</span>, <span word="said">said</span> <span word="the">the</span> <span word="fund">fund</span> <span word="is">is</span> <span word="going">going</span> <span word="to">to</span> <span word="reach">reach</span> <span word="no">no</span> <span word="less">less</span> <span word="than">than</span> 100 <span word="billion">billion</span> <span word="yuan">yuan</span> (14.88 <span word="billion">billion</span> <span word="U">U</span>.<span word="S">S</span>. <span word="dollars">dollars</span>).</p><p><span word="BIG">BIG</span> <span word="said">said</span> <span word="it">it</span> <span word="raised">raised</span> 14.41 <span word="billion">billion</span> <span word="yuan">yuan</span> <span word="during">during</span> <span word="the">the</span> <span word="first">first</span> <span word="round">round</span>, <span word="which">which</span> <span word="is">is</span> 44 <span word="percent">percent</span> <span word="more">more</span> <span word="than">than</span> <span word="planned">planned</span>.</p><p><span word="The">The</span> <span word="fund">fund</span> <span word="will">will</span> <span word="be">be</span> <span word="used">used</span> <span word="in">in</span> <span word="fields">fields</span> <span word="including">including</span> <span word="environmental">environmental</span> <span word="protection">protection</span>, <span word="smart">smart</span> <span word="city">city</span> <span word="construction">construction</span>, <span word="underground">underground</span> <span word="space">space</span> <span word="development">development</span>, <span word="infrastructure">infrastructure</span> <span word="and">and</span> <span word="high">high</span>-<span word="end">end</span> <span word="industries">industries</span> <span word="in">in</span> <span word="the">the</span> <span word="sub">sub</span>-<span word="center">center</span>, <span word="according">according</span> <span word="to">to</span> <span word="Li">Li</span> <span word="Changli">Changli</span>, <span word="chairman">chairman</span> <span word="of">of</span> <span word="BIG">BIG</span>.</p><p><span word="Beijing">Beijing</span> <span word="is">is</span> <span word="shifting">shifting</span> <span word="some">some</span> <span word="of">of</span> <span word="its">its</span> <span word="administrative">administrative</span> <span word="functions">functions</span> <span word="out">out</span> <span word="of">of</span> <span word="the">the</span> <span word="city">city</span> <span word="center">center</span> <span word="into">into</span> <span word="Tongzhou">Tongzhou</span> <span word="to">to</span> <span word="help">help</span> <span word="address">address</span> <span word="problems">problems</span> <span word="including">including</span> <span word="traffic">traffic</span> <span word="congestion">congestion</span> <span word="and">and</span> <span word="air">air</span> <span word="pollution">pollution</span>. <span word="Sitting">Sitting</span> <span word="in">in</span> <span word="the">the</span> <span word="east">east</span> <span word="of">of</span> <span word="the">the</span> <span word="capital">capital</span>, <span word="the">the</span> <span word="sub">sub</span>-<span word="center">center</span> <span word="aims">aims</span> <span word="to">to</span> <span word="accommodate">accommodate</span> 1.3 <span word="million">million</span> <span word="permanent">permanent</span> <span word="residents">residents</span> <span word="by">by</span> 2035.</p>
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