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Infrastructure Investment May See 10-15% Growth In 2022 - Daily

CHINA PRESS
MNI (Singapore)

China’s infrastructure investment may grow by as much as 10-15% in 2022, which is expected to boost overall GDP growth by ~1.0-1.5 percentage points, with analysts looking for infrastructure construction to accelerate in Q3 aided by increased support for funding, the Securities Daily reported. This comes after this week's State Council meeting saw an additional CNY300 billion in financial instruments allotted to policy banks, which they can invest in infrastructure projects. The State Council also allocated an additional CNY500 billion in project-backed special bonds.

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