China approved $8.95 billion of fixed asset investment projects in July: NDRC

August 15, 2016 9:36 PM EDT

A view of the construction site of the new Kunming South Railway Station in Chenggong District of Kunming, Yunnan province, April 14, 2016. REUTERS/Wong Campion

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BEIJING (Reuters) - China's top economic planner last month approved 18 fixed asset investment projects valued at 59.4 billion yuan ($8.95 billion) in total, according to a statement issued by the National Development and Reform Commission at a briefing in Beijing on Tuesday.

(Reporting by Kevin Yao in BEIJING; Writing by Ryan Woo; Editing by Shri Navaratnam)

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