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China state planner approved 11 fixed-asset investments in August – Metro US

China state planner approved 11 fixed-asset investments in August

FILE PHOTO: People walk past an office and commercial complex
FILE PHOTO: People walk past an office and commercial complex in Beijing’s Central Business District (CBD)

BEIJING (Reuters) – China’s state planner the National Development and Reform Commission said it approved 11 fixed-asset investment projects worth 100.6 billion yuan ($15.64 billion) in August, according to a spokesperson on Thursday.

($1 = 6.4323 Chinese yuan renminbi)

(Reporting by Gabriel Crossley and Shen Yan; Editing by Christian Schmollinger)