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China's Q3 Infrastructure Investment Growth To Exceed 10% - Times

CHINA PRESS
MNI (Singapore)

Infrastructure investment may grow more than 10% y/y in Q3, supported by CNY600 billion of targeted funding from state-owned policy banks by the end of September, the Securities Times reported. Projects to be funded include the renovation of old communities, provincial highways and electric vehicle charging stations. Local governments are accelerating project construction, with Xinjiang having about 8,000 projects with an investment of more than CNY5 million each under construction in August.

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