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 issues list of investment projects worth 200 bln yuan

October 23, 2024


Abstract : China has issued a list of projects worth 200 billion yuan (about 28 billion U.S. dollars) that are in next year's investment plans, an official with the National Development and Reform Commission (NDRC) told Xinhua Tuesday.

This photo taken on Oct. 17, 2024 shows the construction site of the Beijing sub-center comprehensive transportation hub in Tongzhou District, sub-center of Beijing, capital of China. (Xinhua/Ju Huanzong)

BEIJING, Oct. 22 (Xinhua) -- China has issued a list of projects worth 200 billion yuan (about 28 billion U.S. dollars) that are in next year's investment plans, an official with the National Development and Reform Commission (NDRC) told Xinhua Tuesday.

Numbering 647 in total, the investment projects issued in advance this year include urban underground pipe networks, using employment as a means of disaster relief, reinforcing dilapidated reservoirs, ecological conservation and restoration, transportation infrastructure, essential public facilities such as education, healthcare and culture, as well as key agricultural product storage facilities, according to the NDRC official.

The NDRC will push ahead with the start-up and construction of the projects as soon as possible, said the official, adding that efforts will be made to achieve tangible progress this year so as to provide strong support for economic growth in the fourth quarter.

The official noted that the foundation for achieving the full-year growth target is quite solid, citing favorable factors such as the growth momentum of high-frequency data for October and the country's GDP growth rate of 4.8 percent in the first three quarters.

Scan the QR code and push it to your mobile phone

Keyword: investment projects

Reading:

Interview: China a driving force for stronger BRICS cooperation mechanism, says Egyptian official

Xinhua Commentary: Closer BRICS cooperation promises more inclusive development

Guilin Bank provides dedicated services to boost China-ASEAN cross-border financial cooperation

Foreign media team explores vibrant county in E. China's Zhejiang

Interview: BRICS economies have great potential, capacity for growth -- Rousseff

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