China’s state planner unveils steps to spur private investment

BEIJING - China's state planner on Monday unveiled measures that seek to promote, encourage and spur private investment in some infrastructure sectors and said it will strengthen financing support for private projects. The latest announcement comes as China last week pledged to improve the private sector, releasing guidelines by the Communist Party and the cabinet as authorities vowed to make it "bigger, better and stronger" amid a flagging post-pandemic economic recovery. The National Development and Reform Commission (NDRC) said in a statement that it wants to attract more private capital to participate in the construction of national major projects. The NDRC said a list o...Keep on reading: China’s state planner unveils steps to spur private investment

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