China's state planner says approved projects in 2019 worth $195 billion

China's state planner said on Sunday that it had approved 157 fixed-asset investment projects in 2019, worth a total 1.33 trillion yuan ($195 billion).

National Development and Reform Commission spokeswoman Meng Wei told a news conference that China's economy has the foundations to continue to operate stably in 2020.

(Reporting by Huizhong Wu; Editing by Edwina Gibbs)