China logs 10pct surge in fixed-asset investment over H1


(MENAFN) China's top economic planner permitted 248 fixed-asset investment schemes with overall investment touching USD315 billion in the first six months of this year, based on recent reports.

Additionally, China's overall fixed-asset investment increased 10.2 percent year on year to a whopping USD6.9 trillion in the Jan-June timeframe of the current year, according to the available data.

In June alone, 11 projects valued at USD15.7 billion has been approved, which include transportation, technology and energy, according to National Development and Reform Commission (NDRC).

Basically, all these developments and schemes will aid organize and boost local growth, promote transportation substructure building and last but not least; improve the energy segment.


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