Xinhua news agency reported that The National Development and Reform Commission of China (NDRC) approved a total of six fixed asset investment projects totaling 88.2 billion yuan (approximately US $ 13 billion) in August.
Meng Wei, a spokesman for NDRC, said most of these projects are in the transport and information industries.
Data from the NDRC indicates that in the first eight months of this year China's fixed asset investment projects fell 0.3% compared to the same period a year earlier.
In addition, investing in fixed assets means investing in infrastructure. Real estate, machinery and other physical assets
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