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Economy

NDRC aims to facilitate investment

1
2015-06-29 09:47Global Times/Agencies Editor: Li Yan

The National Development and Reform Commission (NDRC), the country's top economic planner, dispatched groups of officials to local governments this month to check on the progress of major investment projects, Beijing-based newspaper China Times reported Saturday.

The NDRC has approved projects worth around 700 billion yuan ($112.77 billion) in the past two months, the report said, citing a research fellow at an institute under the NDRC.

Investment has been a major driver for the economy, but currently the growth in fixed-assets investment has seen declines for 10 consecutive months as of May.

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