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China allocates US$111bn for strategic construction projects

China has issued its full list of this year’s key construction projects aimed at implementing major national strategies, according to the Chinese government.

Shanghai, China. Shanghai, China. Image: Adobe Stock

The National Development and Reform Commission said that the total investment is 800 billion yuan (US$111 billion), following the recent allocation of over 300 billion yuan (US$41.6 billion) for the third and final group of 2025 projects.

The funds will support 1,459 projects across key areas, including ecological restoration in the Yangtze River basin, transportation infrastructure along the Yangtze, the new western land-sea corridor, high-standard farmland, water conservancy infrastructure, and urban underground utilities, the commission said.

China is making efforts to expand effective investment and boost consumption. In addition to these major projects, support has been stepped up for large-scale equipment upgrades and consumer goods trade-in programs.

China’s GDP (gross domestic product) grew 5.4% year on year in the first quarter of 2025. The country is targeting full-year economic growth of about 5% this year.

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