BEIJING: China's top economic planner, the National Development and Reform Commission (NDRC), said it approved 11 fixed-asset investment projects worth 38.2 billion yuan ($5.50 billion) in July.
The record high power output and consumption in August was related to hot weather, which leads to more power usage and also reflects a recovering economy, Meng Wei, spokeswoman with the NDRC told a news briefing on Monday. ($1 = 6.9409 Chinese yuan) - Reuters
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