from mining.com
The country's central economic planning authority called the National Development and Reform Commission (NDRC) bolstered the announcement by approving two railway projects with a cost of $11 billion yesterday.
Infrastructure spending on some sectors such as telecommunications has only been "30-40 percent" completed, and local governments may speed up investment for the rest of the year, Wang Li, an analyst at CRU Group in Beijing told Reuters:
Spot IO breaks recent range, page-15
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