The National Development and Reform Commission (NDRC) announced on October 22 it has approved feasibility reports on five airports and three railway projects, with a total investment of 150 billion yuan ($24.4 billion).

The five airports, with planned investments totaling 5.49 billion yuan ($896 million), are located in the provinces of Jilin, Qinghai, Yunnan, Guizhou and Inner Mongolia Autonomous Region, mostly in the country's western regions, according to statements on the website of the NDRC.

The three railway projects, which account for a majority of the planned investment, are worth 144.52 billion yuan ($23.6 billion).

The move came as the government looks to boost infrastructure investment in the country's less developed central and western regions to support the faltering growth.