LINE

Text:AAAPrint
Economy

China greenlights 23 fixed-asset investment projects in Sept.

1
2016-10-20 09:54Xinhua Editor: Mo Hong'e ECNS App Download

China's top economic planner approved 23 fixed-asset investment projects with total investment reaching 319.7 billion yuan (47.7 billion U.S. dollars) in September.

The projects covered transportation, high tech, energy and water conservation, according to the National Development and Reform Commission (NDRC).

The projects will help promote regional economic growth, upgrade the country's industrial structure and advance China's sustainable development, said the NDRC.

China's fixed-asset investment in the first nine months grew 8.2 percent year on year, slightly up from the 8.1 percent registered during the January-August period, according to data released Wednesday by the National Bureau of Statistics (NBS).

The investment structure was improved with more money spent on high-tech and service sectors, while less money went into industries with high energy consumption or excessive capacity, according to the NBS.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.