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China approves 75.2b yuan in fixed-asset investment in Sept

By Ouyang Shijia | chinadaily.com.cn | Updated: 2021-10-20 15:55
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Aerial photo shows the construction site of Beizitou grand bridge in Huizhou, South China's Guangdong province, on Oct 11, 2021. [Photo/Xinhua]

China's top economic regulator said on Wednesday it had approved seven fixed-asset investment projects worth a combined 75.2 billion yuan ($12 billion) in September.

Meng Wei, a spokeswoman for the National Development and Reform Commission, disclosed the figures at a news conference in Beijing.

According to Meng, the NDRC approved 480.4 billion yuan of investments in 66 fixed-asset projects in the first three quarters, covering areas including transportation, energy and information.

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