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China state planner promises to boost consumption potential, manufacturing investments

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The National Development and Reform Commission of the People’s Republic of China (NDRC) says it:

  • approved 56 fixed-asset investment projects worth a total of 378bn yuan in the January – April period
  • and for April alone it approved 14 fixed-asset investments worth 98bn yuan

The NDRC also says it’ll take measures to unleash consumption potential

  • and build high-quality consumer supply system
  • and to make continuous efforts in stabilizing and expanding manufacturing investment

We’ll see …

This from earlier:

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