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China Daily | Updated: 2018-07-19 07:33
Govt and policies
102 projects worth $39b approved in H1
China's top economic regulator approved 102 fixed-asset investment (FAI) projects with combined investment of 260.3 billion yuan ($39 billion) during the first six months of this year. The projects were mainly in high-tech, social service programs and water conservation industries, Yan Pengcheng, spokesperson for the National Development and Reform Commission, said on Tuesday. Data on Monday showed China's FAI grew 6 percent year-on-year in the first half of this year, 1.5 percentage points lower than that of the first three months.
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