Meng Wei, spokesperson for China’s National Development and Reform Commission (NDRC), has stated that in the January-March period this year China approved 42 fixed asset investment projects, with an overall investment of RMB 280.3 billion ($41 billion), mainly covering the fields of high technology, energy and water conservation.
In March alone, China approved seven fixed asset investment projects, with an overall investment of RMB 10.4 billion ($1.5 billion), mainly covering the field of high technology.