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China's National Development and........>

CHINA PRESS
CHINA PRESS: China's National Development and Reform Commission's (NDRC) may
boost the issuance of special local government bonds through fiscal budget and
enhance policies on infrastructure projects that can generate cash flow,
Shanghai Securities News said, citing Ye Jitao, a specialist on public-private
partnerships by the NDRC and the finance ministry. China may implement policies
to establish long-term investment and financing mechanism for infrastructure to
stabilize investment, the paper said citing an unidentified source involved in 
recent field studies in many cities. The new policy may encourage private
capital to participate in PPP programs in some urgent industries, the newspaper
said citing Ye.

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