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Major investment projects still caught up in red tape

By Zheng Yangpeng | China Daily | Updated: 2015-07-07 07:25

Major investment projects are struggling to get off the ground after being given the all clear by China's official auditor.

More than 90 percent were approved by Beijing last year, but work has yet to start on the projects, underlining the challenges of translating central government plans into action.

Liu Jiayi, chief of the NAO, released the figures after his office reported the annual audit result to the National People's Congress last week.

Major investment projects still caught up in red tape

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