Home / Business / Macro

NDRC approves 22 projects worth $25b in July

By Xin Zhiming | chinadaily.com.cn | Updated: 2017-08-18 11:41
NDRC approves 22 projects worth $25b in July

A worker at the construction site of a flyover in Hami, the Xinjiang Uygur autonomous region. CAI ZENGLE / FOR CHINA DAILY

The National Development Reform Commission, China's top economic planner, said on Friday that it approved 22 fixed-asset investment projects in July, valued at 165.5 billion yuan ($24.8 billion), to further drive high-quality economic growth and meet public demands for better infrastructure and livelihood facilities.

These projects are spread mainly across the energy, water conservancy, transport, and high-tech sectors, the NDRC said. In June, the commission approved 11 fixed-asset investment projects, valued at 29.6 billion yuan.

Most Viewed in 24 Hours