China's NDRC Private Economy Bureau Promotes 36 Investment Projects Worth RMB 61.4 Billion
The Private Economy Development Bureau of China's National Development and Reform Commission promoted 36 investment projects focused on transport, logistics, water conservancy and energy, with total investment of RMB 61.4 billion. Private capital is expected to contribute RMB 15.6 billion. Private investors may participate through sole ownership, controlling stakes or minority stakes in project companies. The commission will maintain regular communication with private enterprises and coordinate financing, land and other production factors.
Centered on private enterprises' investment intentions, a group of investment projects was promoted at a meeting to actively guide private capital into construction. Private capital may participate through various means, including sole ownership, controlling stakes or minority stakes in project companies.
Next, the National Development and Reform Commission will give full play to its regular communication and problem-solving mechanism with private enterprises, work with relevant parties to continuously improve service guarantees, strengthen the supply of production factors such as funding and land, coordinate the resolution of key issues, and push for projects to be implemented and launched as early as possible. At the same time, it will establish a regular project promotion mechanism, expand opportunities for private enterprises to participate in project investment, and promote the development of private investment.