China to rollout infra projects to combat economic slowdown

24 Jan 2022 CW Team

The top economic planning agency of China announced that it will moderately front-load infrastructure investment to drive 102 mega projects earmarked for the 14th Five-Year Plan period.

Domestic demand and sluggish consumption have emerged as the two major weaknesses of the Chinese economy, and infrastructure investment is a critical requirement.

With only about 0.4% annual growth rate, Chinese infrastructure investment in 2021 was down compared to the previous year. The infrastructure investment is expected to increase 5% in 2022.

Other factors include the Covid-19 pandemic, supply chain bottlenecks and real estate issues. The Chinese economy grew by 4% in the fourth quarter (Q4) of 2021 from 4.9% in the third quarter (Q3).

China's Gross Domestic Product (GDP) grew by 8.1% in 2021, while its GDP is projected to moderate at 5.5% in 2022.

Its mega projects include infrastructure projects such as roads, railways, public transit systems, airports, nuclear power plants, power transmission lines and pipelines. The country will also expand its high-speed rail (HSR) network to curb economic decline. China has the world's largest HSR network and plans to expand it to 50,000 km by 2025. It aims to double its HSR network to 100,000 km by 2031.

China will also focus on widening the BeiDou Navigation Satellite System (BDS) in China and abroad. The BDS provides all-weather, high-accuracy positioning, navigation and timing services to its users worldwide.

BDS is a rival US Global Positioning System (GPS), which provides transportation, emergency medical rescue and city planning and management. The Shanghai government plans to accelerate projects, including shipping and public transit to water conservation and sewage systems.

Image Source

Also read: Sri Lanka urges more Indian investments to strengthen economy

Also read: Commerce ministry wants anti-dumping duty on Chinese tiles

The government of China has planned to expedite major infrastructure projects to combat the country's economic slowdown and identifies 102 mega projects including High Speed Rail (HSR) expansion by 12,000 km. The top economic planning agency of China announced that it will moderately front-load infrastructure investment to drive 102 mega projects earmarked for the 14th Five-Year Plan period. Domestic demand and sluggish consumption have emerged as the two major weaknesses of the Chinese economy, and infrastructure investment is a critical requirement. With only about 0.4% annual growth rate, Chinese infrastructure investment in 2021 was down compared to the previous year. The infrastructure investment is expected to increase 5% in 2022. Other factors include the Covid-19 pandemic, supply chain bottlenecks and real estate issues. The Chinese economy grew by 4% in the fourth quarter (Q4) of 2021 from 4.9% in the third quarter (Q3). China's Gross Domestic Product (GDP) grew by 8.1% in 2021, while its GDP is projected to moderate at 5.5% in 2022. Its mega projects include infrastructure projects such as roads, railways, public transit systems, airports, nuclear power plants, power transmission lines and pipelines. The country will also expand its high-speed rail (HSR) network to curb economic decline. China has the world's largest HSR network and plans to expand it to 50,000 km by 2025. It aims to double its HSR network to 100,000 km by 2031. China will also focus on widening the BeiDou Navigation Satellite System (BDS) in China and abroad. The BDS provides all-weather, high-accuracy positioning, navigation and timing services to its users worldwide. BDS is a rival US Global Positioning System (GPS), which provides transportation, emergency medical rescue and city planning and management. The Shanghai government plans to accelerate projects, including shipping and public transit to water conservation and sewage systems. Image Source Also read: Sri Lanka urges more Indian investments to strengthen economy Also read: Commerce ministry wants anti-dumping duty on Chinese tiles

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..