China Announces Early-Batch Major Projects Worth 295 Billion Yuan for 2026 Investment Plan
China's National Development and Reform Commission has approved major projects worth approximately 295 billion yuan (about 42 billion USD) as part of its 2026 investment plan. These initiatives, which include a new airport in Guangzhou and various infrastructure and energy projects, aim to optimize fund allocation and ensure a smooth start to the 15th Five-Year Plan (2026-2030).
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China's National Development and Reform Commission (NDRC) has approved an early batch of major projects valued at approximately 295 billion yuan (around 42 billion USD) as part of its central budget investment plan for 2026. These projects aim to enhance the allocation and utilization of funds and ensure a smooth start to the 15th Five-Year Plan (2026-2030).
Key infrastructure projects include a new airport in Guangzhou, the Zhanjiang-Haikou cross-sea ferry, and water conservancy initiatives in Liaoning and Yunnan provinces. In energy, approvals include the Zhejiang ultra-high-voltage alternating-current ring grid and a hydropower station in Sichuan Province.
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