Investment on strong track

Urban railway transit, modern logistics and emerging industries to be new focus areas

Major development projects launched by the government have attracted investment to the tune of 3.1 trillion yuan ($500 billion) till May, indicating that the investment pipeline is still robust, a top government official said.

China launched seven project packages in December, including transportation, clean energy, oil and gas pipelines, health and mining. About 220 projects that are part of these packages have started construction by the end of May, Li Pumin, spokesman for the National Development and Reform Commission, said during a news conference on Tuesday.