The National Development and Reform Commission (NDRC) has given the green light to 21 major infrastructure projects between January and October this year. Photo: Xinhua
The National Development and Reform Commission (NDRC) has given the green light to 21 major infrastructure projects between January and October this year. Photo: Xinhua

China doubles value of infrastructure project approvals to stave off economic slowdown amid trade war

  • Sharp increase in infrastructure project approvals implies greater infrastructure spending in coming years, helping to stabilise China’s economy
  • Actual infrastructure investment accelerated to 4.5 per cent in the first nine months of 2019, up from 4.2 per cent in the first eight months

The National Development and Reform Commission (NDRC) has given the green light to 21 major infrastructure projects between January and October this year. Photo: Xinhua
The National Development and Reform Commission (NDRC) has given the green light to 21 major infrastructure projects between January and October this year. Photo: Xinhua
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