647 investment projects worth 200bn yuan announced by China's NDRC for next year to boost economic growth.

China's National Development and Reform Commission (NDRC) has announced 647 investment projects totaling approximately 200 billion yuan (around $28 billion) for next year. These initiatives span urban infrastructure, disaster relief, and essential public facilities. The NDRC aims to expedite project commencement to bolster economic growth in the fourth quarter, supported by a GDP growth rate of 4.8% in the first three quarters and positive economic indicators for October.

October 22, 2024
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