China approves $8.34 bln in infrastructure projects -NDRC

By: | Published: May 27, 2016 3:26 PM

China's top economic planner approved two projects on Friday with a total investment value of 54.69 billion yuan ($8.34 billion), according to a statement published on the National Development and Reform Commission website.

China: Infrastructure project (Reuters)China: Infrastructure project (Reuters)

China’s top economic planner approved two projects on Friday with a total investment value of 54.69 billion yuan ($8.34 billion), according to a statement published on the National Development and Reform Commission website.

The projects include a 134-kilometre (83-mile) highway in the northeastern province of Jilin and a 362-kilometre high-speed railway that will run through northern Shanxi province and neighboring Henan province.

($1 = 6.5594 Chinese yuan renminbi)

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