According to media reports, around 30 real estate projects in Beijing have failed to get sales licenses as planned because their project pricing was deemed much higher than previous projects, and higher than average home prices of similar size in the city.

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Other similar projects are planned, such as 30 Henry St.

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It also called for "modest" business tax cuts and urged the speeding-up of planned capital spending projects, such as for the building and refurbishment of schools and for social housing.

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Jonathan Read, chief executive officer of ECOtality, said that besides helping local governments, utilities and consumer groups set up charging networks, the primary goals are charging station projects that connect cities such as one planned for Interstate 5 along the West Coast.

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If this works as planned, it could signal a change in the way some energy projects are financed.

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As part of this process, we have reviewed and assessed all current and planned projects for the short and medium term and have decided to make some changes to our European Studios.

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The money has funded scores of community groups as well as high profile projects like the Peace Bridge across the River Foyle and the planned Conflict Resolution Centre at the site of the former Maze prison.

BBC: Peter Robinson welcomes EU peace fund indications