French.china.org.cn | Updated on 17-11-2018
China's top economic planner in October approved nine investment projects with fixed assets worth a total of 91.8 billion yuan (about $ 13.2 billion) according to the latest data.
Projects are predominantly in the transport and energy sectors, said Meng Wei, a spokesperson for the National Development and Reform Commission.
Fixed capital investment, which is one of the main drivers stimulating the national economy, recorded accelerated growth of 5.7% in January-October, compared with 5.4% in January-September, according to reports. data from the State Statistical Office.
In particular, infrastructure investment grew by 3.7% in the first ten months, compared with an increase of 3.3% over the first nine months.
Fixed-equity investments include capital invested in infrastructure, property, equipment and other tangible assets.
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