U.S. markets open in 2 hours 20 minutes
  • S&P Futures

    4,161.75
    +1.75 (+0.04%)
     
  • Dow Futures

    34,132.00
    +14.00 (+0.04%)
     
  • Nasdaq Futures

    13,509.50
    +18.50 (+0.14%)
     
  • Russell 2000 Futures

    2,242.60
    +6.00 (+0.27%)
     
  • Crude Oil

    65.12
    -0.51 (-0.78%)
     
  • Gold

    1,791.80
    +7.50 (+0.42%)
     
  • Silver

    26.79
    +0.27 (+1.01%)
     
  • EUR/USD

    1.2044
    +0.0035 (+0.29%)
     
  • 10-Yr Bond

    1.5840
    0.0000 (0.00%)
     
  • Vix

    18.87
    -0.61 (-3.13%)
     
  • GBP/USD

    1.3932
    +0.0025 (+0.18%)
     
  • USD/JPY

    109.1280
    -0.0610 (-0.06%)
     
  • BTC-USD

    57,846.10
    +2,496.69 (+4.51%)
     
  • CMC Crypto 200

    1,482.09
    +76.78 (+5.46%)
     
  • FTSE 100

    7,049.75
    +10.45 (+0.15%)
     
  • Nikkei 225

    29,331.37
    +518.77 (+1.80%)
     

China NDRC approves 16 fixed-asset investment projects worth $6.96 billion in Q1

·1 min read
General view shows the traffic during the evening rush hour in Beijing

BEIJING (Reuters) - China's state planner said on Monday that it approved 16 fixed-asset investment projects worth a total of 45.4 billion yuan ($6.96 billion) in the first quarter of this year.

The projects are mainly in the transportation, high technology and energy sectors, Meng Wei, a spokesperson for the National Development and Reform Commission (NDRC), told reporters at a regular briefing.

The NDRC also said that China's power consumption surged 21.2% in the first quarter from a year earlier.

($1 = 6.5252 Chinese yuan renminbi)

(Reporting by Liangping Gao and Ryan Woo; Editing by Christopher Cushing)