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NDRC To Promote Private Investment - Journal

CHINA PRESS
MNI (Singapore)

The National Development and Reform Commission has issued a document containing 21 measures to increase support for the development of private investment, China Securities Journal reported. It will support private investment in the construction of 102 major projects, as well as technological innovation projects. The NDRC will launch a number of "green light" investment cases to regulate and guide the healthy development of private investment. It will also guide financial institutions to increase credit support and reduce the level of loan interest rates and financing expenses for private enterprises, the newspaper said.

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