China approves seven FAI projects in June

In the January-June period this year, China’s National Development and Reform Commission (NDRC) approved 40 fixed asset investments (FAI) projects, with a total investment of RMB 246.4 billion ($38.1 billion), focusing on transportation, energy and informatization.

In June alone, NDRC approved seven projects, with a total investment of RMB 38.9 billion ($6.0 billion).