The number

Updated: 2013-07-08 07:13

(China Daily)

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5 percent

The central government will cut its expenditures this year by 5 percent, the Ministry of Finance announced on Sunday, in a move to further live up to the new leadership's promise to be frugal, improve work style and reduce red tape. The expenditures will be saved from office buildings construction, public-funded vehicles purchases, receptions and overseas trips.

(China Daily USA 07/08/2013 page4)