Connect with us

Hi, what are you looking for?

Imsilkroad

China approves investment projects worth 6.96 bln USD in Q1

Abstract : China's top economic planner approved 16 fixed-asset investment (FAI) projects in the first quarter, with combined investment totaling 45.4 billion yuan (about 6.96 billion U.S. dollars), official data showed Monday.

BEIJING, April 19 (Xinhua) — China’s top economic planner approved 16 fixed-asset investment (FAI) projects in the first quarter, with combined investment totaling 45.4 billion yuan (about 6.96 billion U.S. dollars), official data showed Monday.

The projects were mainly in the transport, energy and high-tech industries, according to the National Development and Reform Commission.

China’s FAI posted a strong rebound in the first quarter of 2021 with continued improvement in investment structure.

The FAI went up 25.6 percent year on year to 9.6 trillion yuan in the first three months, according to the National Bureau of Statistics.

The double-digit growth was largely driven by a low base of comparison early last year when COVID-19 paralyzed economic activities in China. Compared with the 2019 level, FAI growth came in at 6 percent.

FAI includes capital spent on infrastructure, property, machinery and other physical assets. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China approves investment projects worth 6.96 bln USD in Q1

Press Release Wring Service
Press Release Wring Service Senmer Press Release Service

Trending

You May Also Like

Purifier

Hot selling well newest reserch humidifier with three grades mist output air purifiers 1 Specification& function Specification Product name 6-Stage Purification Air Purifier With Negative Anion and Humidifier Model No. OLS-K05 Negative ionic releasing(/cm3) 50 million...

Purifier

Best indoor air purifier small house purification with HEPA Porduct Name Air Purifier Model A3 Style Household / business type Lowest Noise 30 dB Particulate CADR 200m³/h Highest Noise 58 dB Voltage 110 / 220V(Optional) Rated Power...

Sticky Post

Repost Your Products Articles To Web2.0 + Social Sites + Photo Sites + Bookmark Sites 0.5$ to publish 1 article to 15 sites,average just...

Purifier

We believe that always we would hear the hydrogen water have antioxidation fuction, actually we don’t know what is antioxidation and why it’s so...