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MNI BRIEF: Boost Public, Private Investment - NDRC

MNI (BEIJING)
MNI (Beijing)

China will take measures to boost private investment in public projects, according to Luo Guosan, director at the National Development and Reform Commission (NDRC).

At a press conference on Monday, Luo said the state planner will promote private sector opportunities in public projects and create online and offline channels to expand private firm participation in national policy objectives. After the press conference the NDRC issued a notice further detailing measures to support private enterprises including boosting investment in infrastructure REITs.

An NDRC economist recently said weak private-sector investment was concerning this year, in an exclusive interview with MNI. (See: MNI INTERVIEW2: China To Target High-Quality Growth Over GDP - Bonds & Currency News | Market News)
MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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