Guangdong cuts spending to build frugal government
Guangdong province, China's largest provincial-level economy, has announced it will freeze the growth of government spending as its fiscal income growth slows.
The move came after the central government asked the province to rein in government spending.
A statement released by the Guangdong government on Wednesday said spending on public vehicles, conferences, receptions, overseas trips and other administrative items will not be increased for an indefinite period.
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