Projects open to private capital

Source:Global Times Published: 2014-4-23 23:33:02

China will open 80 infrastructure projects to private investment, according to a State Council meeting held Wednesday.

The projects are scatted in railway, port and renewable energy sectors. Social capital is encouraged to run these projects through sole proprietorship, joint ventures or franchise, said a statement posted on the central government's website.

More sectors such as gas exploitation, utility, water resources and airport will be gradually opened to private capital, the statement said.



Posted in: Economy

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