China to front-load infrastructure investment, CPI growth to remain mild in 2022, factory-gate inflation to ease, said state planner NDRC
China to front-load infrastructure investment, CPI growth to remain mild in 2022, factory-gate inflation to ease, said state planner NDRC

China to front-load infrastructure investment, CPI growth to remain mild in 2022, factory-gate inflation to ease, said state planner NDRC

 

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Stocks of Chinese infrastructure construction companies, cement makers, steelmakers, and construction machinery manufacturers soared on the first trading day after the week-long Spring Festival holiday after Beijing vowed to step up infrastructure investment to support of the economy.

The CSI Infrastructure & Engineering Index (399995) jumped by 6.2% and the CSI Construction Material Index (931009) rose 4.8% on Monday. The rally in the sector helped to boost the blue-chip . . .

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