China Infrastructure Investment to Rise 5%: Journal

China's investment in infrastructure projects this year is likely to rise 5% from last year, reported the China Securities Journal citing Li Xunlei, the chief economist of Zhongtai Securities. Projects funded by the local government special-purpose bonds are likely to be bigger than last year given some of the funds carried over, Li said. Investments this year will concentrate on urbanization, environmental protection, and transportation facilities, the Journal reported citing Liu Xiangdong, a deputy director of the research department of the China Center for International Economic Exchanges.