Meng Wei, a spokesman for China’s National Development and Reform Commission (NDRC), has stated that the NDRC approved seven fixed asset investment projects in September, with an overall FAI of RMB 75.2 billion ($11.7 billion), mostly covering the fields of transportation, energy and informatization.
In the January-September period this year, NDRC approved 66 FAI projects, with an overall FAI of RMB 480.4 billion ($74.7 billion).
$1 = RMB 6.4069