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CN State Grid's Fixed Asset Investment to Reach RMB4T in Next 5 Yrs
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During the '15th Five-Year Plan' period, the State Grid Corporation of China's fixed asset investment will reach RMB4 trillion, logging a new historical high, according to Chinese media. During the '15th Five-Year Plan' period, the State Grid Corporation of China's fixed asset investment will increase significantly by 40% from the '14th Five-Year Plan' period, according to the introduction. These investments will focus on ways such as building a new type of power system and deepening technological innovation, aiming to expand effective investment and drive the development of the upstream and downstream of the industrial chain. AASTOCKS Financial News Website: www.aastocks.com |
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