China approves US$13bil worth of fixed-asset investments


Technicians check transformers at an electrical equipment company in Haian, Jiangsu province. - China Daily/ANN

BEIJING (Reuters): China’s state planner said on Wednesday (Sept 16) it had approved six fixed-asset investment projects across the country worth a combined 88.2 billion yuan (US$13.03 billion) in August.

Meng Wei, a spokeswoman for the National Development and Reform Commission, disclosed the figures in a press briefing where she also gave some fixed asset investment data for the western region.

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china , fixed-asset , investment

   

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