French.china.org.cn | Updated on 17-11-2018
China's leading economic planner approved nine fixed asset investment in October totaling 91.8 billion yuan ($ 13.2 billion), according to recent data.
The projects are mainly focused on transport and energy, said Meng Wei, spokesman for the National Development and Reform Commission.
Fixed asset investment, one of the main engines of economic stimulus, accelerated in the January-October period by 5.7%, up from 5.4% in the January-September period. Data of the State Statistical Office.
Infrastructure investment in particular rose by 3.7% in the first ten months, compared to 3.3% in the first nine months.
Fixed Income includes capital invested in infrastructure, real estate, equipment and other physical assets.
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