Chinese local governments launch 3 trillion yuan infrastructure projects in first two weeks 2022

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Several Chinese regions are launching constructions of major infrastructure projects at the start of 2022 faster than they did last year, as part of the country's effort to boost GDP growth amid increasing challenges.

Less than two weeks into 2022, Chinese local governments have announced or kick-started more than 5,000 major infrastructure projects with total investment of more than 3 trillion yuan ($471 billion), local official data showed. That's compared to . . .