China’s state planner, the National Reform and Development Commission (NDRC) said that it had approved 17 fixed-asset investment projects in July, worth a combined 77.69 billion Yuan ($11.24 billion) in a bid to expedite its plans to invest billions of dollars in infrastructure projects.
This comes after the country’s investment growth slowing to a record low, as reported by the National Bureau of Statistics (NBS) earlier this week.
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