China's State Planner Unveils Measures to Boost Private Investment

China's state planner, the National Development and Reform Commission (NDRC), has announced measures to promote private investment in infrastructure sectors, aiming to attract more private capital for national major projects. The NDRC will release a list of sectors available for private investors to participate in, including transport, water, clean energy, new infrastructure, advanced manufacturing, and modern agriculture. This move comes as China seeks to strengthen the private sector and boost its post-pandemic economic recovery. The NDRC also plans to strengthen financial support for private-invested projects by setting up a special fund from the central government budget.