Photo taken on Dec. 19, 2019 shows a photothermal power station built in Gobi desert in Hami, northwest China's Xinjiang Uygur Autonomous Region. (Photo by Feng Yang/Xinhua)
BEIJING, July 19 (Xinhua) -- The National Development and Reform Commission, China's top economic planner, approved 40 fixed-asset investment projects in the first half of the year.
The projects, with a combined investment value of 246.4 billion yuan (about 38.1 billion U.S. dollars), cover areas including energy and water conservation, the commission said.
Previous data showed that China's fixed-asset investment went up 12.6 percent year on year in the January-June period, compared with the 15.4-percent increase in the first five months.
This year, the country plans to expand effective investment, with a central investment budget of 610 billion yuan and a special-purpose local government bond quota of 3.65 trillion yuan. Enditem
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