Free Trial

The central government is encouraging...>

CHINA PRESS
CHINA PRESS: The central government is encouraging private capital to invest in
the infrastructure of China's western provinces, Economic Information Daily
reported Friday. 
  - The State Council has dispatched officials to closely monitor and guide
development projects in the western areas, the newspaper said;
  - Around 13 western provinces, including Ningxia, Sichuan, Yunnan, Shaanxi,
Qinghai, Xinjiang and Guangxi, are speeding up investment of significant
infrastructure projects, with some governments specifically setting up faster
channels for approval of the projects, the report said;
  - Highways, railways, private airlines, water improvement and energy are the
major focuses of these projects, it said;
  - Governments are issuing various policies to attract private capital -- for
example, Ningxia is planning to announce a negative list for private investment
to clear up the previously hidden barriers for private investors.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.