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Beijing okays 7 trillion yuan projects for this year

Investment will be in seven industries including oil & gas pipelines, health, clean energy, transportation and mining, say sources

The latest project approvals contrast with past moves to boost growth via infrastructure in which the government gave the green-light to projects individually.


CHINA is accelerating 300 infrastructure projects valued at seven trillion yuan (S$1.5 trillion) this year as policymakers seek to shore up growth that's in danger of slipping below 7 per cent.

Premier Li Keqiang's government approved the projects as part of a broader 400-...

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