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Economy

China’s NDRC nods 17 fixed assets investment projects in July

August 16, 2018


Abstract : China’s National Development and Reform Commission examined and approved 17 fixed asset investment projects of 77.69 billion yuan (11.28 billion U.S. dollars approximately) in July.

BEIJING, Aug. 16 (Xinhua) -- China’s National Development and Reform Commission (NDRC) examined and approved 17 fixed asset investment projects of 77.69 billion yuan (11.28 billion U.S. dollars approximately) in July, of which 14 were examined, 3 were approved, announced the NDRC in a press conference on Thursday.

According to Zhao Chenxin, spokesperson of NDRC and director of Bureau of Economic Operations Adjustment of the commission, these projects concentrated mainly in high-tech, water conservancy, energy and transportation, which shows that the investment structure continues to be optimized in China. (Edited by Li Wenxin, duanjing@xinhua.org)

 

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Keyword: China-NDRC China-fixed-asset-investment

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