Meng Wei, news spokesman of China’s National Development and Reform Commission (NDRC) has stated that NDRC approved 4 fixed asset investment projects in October, with an overall FAI of RMB 15.0 billion ($2.35 billion), mostly covering the fields of transportation, and energy industries.
In the January-October period this year, NDRC approved 70 FAI projects, with an overall FAI of RMB 495.4 billion ($77.5 billion).