BEIJING: China’s state planner has released early investment plans for 2026, including two major construction projects, involving about 295 billion yuan (US$42.21bil) in central budget funding, in its latest effort to boost investment and support economic growth.
The National Development and Reform Commission (NDRC) said yesterday it has also recently approved or cleared a number of large infrastructure projects including Guangzhou’s new airport, water resource facilities and major scientific research platforms with a total investment exceeding 400 billion yuan.
The projects “will further improve China’s modern infrastructure system and provide strong support for a smooth start to the 15th Five-Year Plan,” NDRC spokesperson Li Chao said.
