State planner approved 288.8 bn yuan of fixed-asset projects in May, mostly in energy, transportation
MACRO POLICY & REGULATION
State planner approved 288.8 bn yuan of fixed-asset projects in May, mostly in energy, transportation
MACRO POLICY & REGULATION

State planner approved 288.8 bn yuan of fixed-asset projects in May, mostly in energy, transportation

 

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The National Development and Reform Commission, China’s state planner, said that it approved a total of 70 fixed-asset investment projects in the first five months of the year, involving 667.2 billion yuan of investment, and most of the projects were in the fields of high-tech, energy and transportation. 

In May alone, the NDRC approved 14 fixed-asset investment projects, involving 288.8 billion yuan of investment, and most of them were in the fields of energy and transportation, it said.