The construction site of a bridge of the Shangqiu-Hefei-Hangzhou high-speed railway in central China's Henan Province. Photo: Xinhua
China invests US$163.2 billion in infrastructure to stave off economic slowdown and effect of trade war
- Since the start of December, the National Development and Reform Commission has approved 16 projects
- Projects include the Shanghai Urban Rail Transit, worth US$44.24 billion having approved just seven in the previous 12 months worth just US$15.69 billion
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China economy
The construction site of a bridge of the Shangqiu-Hefei-Hangzhou high-speed railway in central China's Henan Province. Photo: Xinhua