China approves investment projects worth 69 bln USD in H1
BEIJING,July 16 (Xinhua) -- China's top economic planner approved 94 fixed-asset investment (FAI) projects with combined investment totaling 471.5 billion yuan(about 69 billion U.S. dollars) in the first half of the year, official data showed Tuesday.
The projects were mainly in energy, transportation and high-tech industries,according to Meng Wei, spokeswoman with the National Development and Reform Commission.
China'sFAI remained basically stable in the first six months of the year thanks torobust high-tech investment.
The FAI grew 5.8 percent year on year in H1, 0.2 percentage points faster than the growth in the first five months, data showed on Monday.
Investment in high-tech manufacturing surged 10.4 percent, 4.6 percentage points faster than total investment growth, while investment in high-tech services alsoregistered faster-than-average growth of 13.5 percent.
FAI includes capital spent on infrastructure, property, machinery and otherphysical assets.
本文重点词汇
investment projects投资项目,投资计划
economic planner经济规划人员
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