China pumped $550 billion into transport, utilities in western region since 2012

SHANGHAI (Reuters) - China has approved 152 infrastructure projects worth a combined 3.75 trillion yuan ($549.39 billion) in its western regions since late 2012, a senior official at the state planning agency said on Thursday.China has been investing heavily on transportation infrastructure in a bid to boost development, ease poverty and better integrate its remote and sometimes restive western regions into the national economy."Major projects have always been a powerful measure to promote..