UN expects solid recovery in Asia Pacific
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| Huang Yiping, a professor at Peking University speaks at the meeting. [Maverick Chen / China.org.cn] |
![Huang Yiping, a professor at Peking University speaks at the meeting. [Maverick Chen / China.org.cn]](http://images.china.cn/attachement/jpg/site1007/20100506/001fd04cea510d4ccb1f04.JPG "Huang Yiping, a professor at Peking University speaks at the meeting. [Maverick Chen / China.org.cn]")
China plans to issue 7.5 trillion yuan (US$1.1 trillion) in new loans this year, a 150-percent increase, to stimulate infrastructure and other major sectors. But inflation and price bubbles have made moderately tight fiscal policies a necessity.
Huang also noted that in last year's 4 trillion yuan (US$585.65 billion) stimulus package, 34 percent went to sectors and industries related to ecology and environmental protection, a clear message that a greener GDP has become the government's pursuit.
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