Central government spending on transfer payments given to resource-exhausted cities will amount to CNY 16.8 billion (USD 2.72 billion)Â in 2013, the Ministry of Finance (MOF) said on Wednesday.
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The amount marks a year-on-year rise of 5 percent, said the ministry.
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Heilongjiang, Liaoning, and Jilin provinces are the top three beneficiaries, with CNY 2.04 billion yugoing to Heilongjiang, CNY 1.64Â billion to Liaoning and CNY 1.53 billion to Jilin.
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The arrangement depends mainly on the conditions of resource exhaustion, the local non-agricultural population, a province's fiscal power and a city's financial situation, said an official from the MOF's budget division.
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The money will flow to local ecological management programs, municipal infrastructure construction and social security sectors, the anonymous official said.
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The transfer payment was initiated in 2007 by the central government to advance city transformations nationwide. A total of 69 cities have been brought into its scope since then.