Economic Watch: China's infrastructure investment accelerates amid policy support ChinaPulse.com China News, Data, Media Intelligence and Insights


Source: chinapulse.com chinapulse.com

Key Topics in this News Article:

News Snapshot:

News Snapshot: BEIJING, July 8 (Xinhua) -- In the face of mounting uncertainties in the international landscape and domestic COVID-19 resurgences, China has positioned infrastructure investment as a policy priority to revive the economy while securing sustainable growth. Official data showed that the country's investment in the infrastructure sector gained 6.7 percent year on year during the first five months of this year. Total planned investment in newly started projects during the period increased by 23.3 percent year on year, the National Bureau of Statistics said in a statement. On top of the positive economic outlook, China has undertaken a...