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BEIJING (Reuters) - China approved 227 projects worth 1.704 trillion yuan ($246.55 billion) in 2016, the state planner said on Thursday.
China's National Development and Reform Commission (NDRC) approved 23 fixed-asset projects worth 184.0 billion yuan in December, NDRC spokesman Zhao Chenxi said at a regular press briefing.
China will invest 1.2 trillion yuan ($173.57 billion) between 2016 and 2018 in a three-year action plan to develop information infrastructure.
Reporting by Sue-Lin Wong; Editing by Eric Meijer