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China’s state planner says power consumption up 2.3% y/y, & approves more than 10 investment projects

August 17, 2020 at 03:26AM

China’s state planner says power consumption up 2.3% y/y, & approves more than 10 investment projects
The National Development and Reform Commission of the People’s Republic of China (NDRC) is the ‘state planner’
– July power usage up 2.3% y/y
– 11 fixed asset investment projects approved in the month, 32.8bn yuan in total
State support is a key factor underpinning the Chinese economic recovery. You can expect more infrastructure investment ahead. Keeping up
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