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China approves 463.8 bln yuan worth of fixed-asset investment projects in H1

BEIJING, July 18 (Reuters) - China's National Development and Reform Commission, the country's top economic planner, said on Tuesday it approved 463.8 billion yuan ($68.58 billion) worth of fixed-asset investment projects in the first half of 2017.

In June alone, it approved projects worth 29.6 billion yuan, a commission spokesman said in a regular briefing in Beijing.

In the first half of last year, China approved projects worth 461.6 billion yuan.

China's economy grew a better-than-expected 6.9 percent in the second quarter from a year earlier, the National Bureau of Statistics said on Monday, leaving headroom for policymakers to home in on goals to defuse financial risks. ($1 = 6.7625 Chinese yuan renminbi) (Reporting by Stella Qiu and Elias Glenn)