Meng Wei, spokesperson for China’ National Development and Reform Commission (NDRC), has stated that in the January-April period this year China approved 56 fixed asset investment projects, with an overall investment of RMB 378.4 billion ($54.3 billion), mainly covering the areas of high technology, energy, and water conservation.
In April alone, China approved 14 fixed asset investment projects, with an overall investment of RMB 98.0 billion ($14.1 billion), mainly covering the field of high technology.