Views: 2191|Replies: 2

China to encourage private investment [Copy link] 中文

Rank: 4

Post time 2016-8-4 10:27:25 |Display all floors
CHINA aims to encourage private investment in infrastructure construction and advanced industries to counter the effects of a slowing economy, said the National Development and Reform Commission in a report yesterday.

The government will push for proactive fiscal policies to boost private investment, and also ease entry thresholds for private capital in infrastructure and social construction in electricity, telecommunication, transport, oil and gas, health care, and education.

Meanwhile the government will also prioritize advanced industries such as energy saving and intelligent manufacturing to attract investment.

To spur the development of these industries, taxes will be cut for relevant startups and subsidies will be provided to high-tech companies to support research and development.

“Encouragement of private investment and efforts to foster advanced industries will be pushed simultaneously to boost investment in them,” the report said.

The NDRC, the top economic planner, also said the government will push banks to offer low-interest loans to prominent small and medium firms as well as urge private investors to support them.


Use magic tools Report

Rank: 8Rank: 8

2016 Most Popular Member 2015 Most Popular Member 2014 Most Popular Member

Post time 2016-8-13 05:11:51 |Display all floors
How can private investors trust the Chinese government when they ignore court rulings that go against them

Use magic tools Report

Rank: 8Rank: 8

2016 Most Popular Member 2015 Most Popular Member 2014 Most Popular Member

Post time 2016-8-18 06:26:37 |Display all floors
dusty1 Post time: 2016-8-13 05:11
How can private investors trust the Chinese government when they ignore court rulings that go agains ...

Couldn't agree more with me on this

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.