China's top economic planner said it approved a total of 109 fixed-asset investment projects in 2022.

These projects, with a combined investment value of 1.48 trillion yuan (about 218.6 billion U.S. dollars), mainly cover areas including transportation, energy and water conservancy, the National Development and Reform Commission said.

Earlier data showed China's fixed-asset investment rose 5.1 percent year on year to over 57.21 trillion yuan in last year.

Investment in infrastructure and manufacturing climbed 9.4 percent and 9.1 percent from a year earlier in 2022, respectively, data showed.

Source:
courtesy of XINHUA NEWS AGENCY

by XINHUA NEWS AGENCY

If you have any stories or news that you would like to share with the global online community, please feel free to share it with us by contacting us directly at [email protected]