Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China NDRC nods fixed-asset investment projects worth RMB800 bln since year beginning

December 07, 2018


Abstract : The National Development and Reform Commission (NDRC), China's top economic planner, has approved fixed-asset investment projects in total amount of more than 800 billion yuan so far this year, official data showed Thursday.

BEIJING, Dec. 7 (Xinhua) -- The National Development and Reform Commission (NDRC), China's top economic planner, has approved fixed-asset investment projects in total amount of more than 800 billion yuan so far this year, official data showed Thursday.

NDRC approved 147 fixed-asset investment projects with total investment reaching 697.7 billion yuan in the first three quarters and nine projects worth 91.8 billion yuan in October this year.

China's fixed-asset investment in the first ten months grew 5.7 percent year on year, according to data released by the National Bureau of Statistics (NBS).

The NDRC approved the reconstruction and expansion project of Urumqi Airport with investment of 42.11 billion yuan in November and three rail transit projects in Chongqing on Thursday.

Among 172 major water conservancy projects in China, 134 have been approved and 132 are under construction, according to Wang Annan, chief planner of the Ministry of Water Resources.

In addition, fixed-asset investment in the country’s railway sector reached 633.13 billion yuan in the first 10 months of this year.

 (Edited by Wu Shuang, wushuang2018@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: fixed-asset-investment China-NDRC

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial