China’s state planner approved 109 fixed-asset investment projects worth CNY1.48tn in 2022 | Forexlive

The National Development and Reform Commission of the People’s Republic of China (NDRC) is the ‘state planner’.

says the economic development situation in 2023 is still complicated
the external environment is turbulent
pressure on China’s economy is still large
Says the NDRC is confident and capable of promoting the continuous recovery and overall improvement of China’s economy

These guys always end on an upbeat note!

Meanwhile, data on China’s electricity consumption, which is used a key barometer of economic activity, lifted 3.6% y/y