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China approves nine fixed-asset investment projects worth $11.4 billion in Aug

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BEIJING : China's state planner the National Development and Reform Commission (NDRC) in August approved nine fixed-asset investment projects worth 80.2 billion yuan ($11.44 billion), NDRC spokesperson Meng Wei told a news conference on Monday.That compared with eight fixed-asset investment projects wort

BEIJING : China's state planner the National Development and Reform Commission in August approved nine fixed-asset investment projects worth 80.

2 billion yuan , NDRC spokesperson Meng Wei told a news conference on Monday.China's economy perked up in August, with faster-than-expected growth in factory output and retail sales shoring up a fragile recovery, but was dragged down by a property crisis.

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