China says approved $18.3bln in fixed-asset projects in May

China's May power consumption rose 4.6% from a year earlier

  
Image used for illustrative purpose. Apartment buildings rise into the skyline June 29, 2015 in Chengdu, China. First inhabited more than 4 thousand years ago, Chengdu now has more than 14 million people living in its metropolitan area.

Image used for illustrative purpose. Apartment buildings rise into the skyline June 29, 2015 in Chengdu, China. First inhabited more than 4 thousand years ago, Chengdu now has more than 14 million people living in its metropolitan area.

Getty Images/John Moore

BEIJING- China's state planner said on Tuesday it approved seven fixed-asset investment projects worth a combined 129.8 billion yuan ($18.3 billion) in May.

National Development and Reform Commission spokeswoman Meng Wei also told reporters during a briefing that China's May power consumption rose 4.6% from a year earlier.

($1 = 7.0780 yuan)

(Reporting by Stella Qiu and Se Young Lee; Editing by Tom Hogue) ((vincentsy.lee@thomsonreuters.com; +86-10-56692108; follow me on Twitter @Rover829;))

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