China unveils new measures to boost private investment
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
China on Monday introduced a package of measures to promote the development of private investment.
For key projects in areas including rail and nuclear power that require approval or verification from relevant departments and have a certain level of returns, the participation of private capital is supported, and requirements such as shareholding ratios should be clearly defined, according to a notice released by the General Office of the State Council.
Private capital is also encouraged to participate in the construction and operation of some new urban infrastructure projects, per the notice.
Additionally, efforts will be made to remove unreasonable access restrictions for business entities in the services sector.
The notice also focuses on implementing a special action for the digital empowerment of small and medium-sized enterprises, and on allowing more qualified private investment projects to issue real estate investment trusts in the infrastructure sector.
These measures address the concerns of private enterprises by focusing on expanding access, removing bottlenecks, and strengthening guarantees, thereby better stimulating the internal driving force of private investment, said Ma Shuang, a professor at the University of International Business and Economics.
Reference Link:- https://english.news.cn/20251110/a9a34666429848aab57d2c345a9cf4de/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
