China approved 7 fixed asset investment projects worth US$6 billion in June Reuters

© Reuters. File Picture: On March 19, 2021, the apartment building in Taoyuan Xindu Vacancy City developed by China Fortune Land Development was seen in Zhuozhou, Hebei Province, China. REUTERS/Lusha Zhang

BEIJING (Reuters)-China’s National Planning Commission said on Monday that it approved seven fixed-asset investment projects worth 38.9 billion yuan (US$6 billion) in June.

Yuan Da, an official of the National Development and Reform Commission, told reporters at a press conference that China’s economic recovery still faces difficulties and challenges, but the government will take effective and timely measures to address new problems in the economic recovery.

($1 = 6.4788 renminbi)

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