Skip to main content

Advertisement

Advertisement

Business

China to speed up fund injections to start projects as soon as possible

China to speed up fund injections to start projects as soon as possible

A worker welds at the top of skyscraper Xiamen International Centre under construction in Xiamen, Fujian province, China December 23, 2017. Picture taken December 23, 2017. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT.

BEIJING : China will speed up fund injections to start project construction as soon as possible, state planner the National Development and Reform Commission (NDRC) said at a news conference on Monday.

The foundation of the domestic economic recovery is still weak despite main economic indicators showed positive changes, NDRC spokeswoman Meng Wei added.

China's economy perked up in August, with faster-than-expected growth in factory output and retail sales shoring up a fragile recovery after it narrowly escaped a contraction in the June quarter.

Source: Reuters

Advertisement

Also worth reading

Advertisement