China to Guide Investment Capital to High Growth Areas
China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with NDRC (the state planning agency) said Saturday.
China also would take steps to lower the investment threshold for private investors, said Zhang Yong, the vice-head of the National Development and Reform Commission (NDRC), during a briefing on the sidelines of China’s Communist Party Congress (CPC) this week in Beijing.
“Now we want to attract investment in sectors with growth potential such as subway projects.”
Have a terrific weekend.
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