China Daily (Hong Kong)

Nation’s Q4 2018 infra investment surges

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Infrastruc­ture investment in the fourth quarter of 2018 surged in China, Shanghai Securities News reported. Most listed constructi­on companies recorded more new orders, with PowerChina and China Gezhouba Group Corporatio­n seeing 60-percent or higher jumps. This came on the back of a State Council guideline last October on boosting investment in nine kinds of infrastruc­tural facilities, as well as thrust on more infrastruc­ture conducive to agricultur­e and rural developmen­t.

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