China's economic planner woos private investment for 4,894 major projects-Xinhua

China's economic planner woos private investment for 4,894 major projects

Source: Xinhua

Editor: huaxia

2023-09-09 21:50:15

Workers work at a workshop of Jack Sewing Machine Co., Ltd. in Taizhou, east China's Zhejiang Province, March 23, 2023. Private enterprises in Zhejiang, with a focus on the industrial economy and digital economy, have striven to further develop the manufacturing industry in recent years. (Xinhua/Weng Xinyang)

BEIJING, Sept. 9 (Xinhua) -- To stimulate the vitality of private investment further, China's economic planner on Friday released news of 4,894 major projects to actively attract the participation of private capital.

The projects involve a total investment of about 5.27 trillion yuan (about 730.42 billion U.S. dollars), according to the National Development and Reform Commission (NDRC).

From the perspective of industry, these projects are mainly related to urban construction, agriculture and tourism, the NDRC said.

In terms of regional distribution, there are 2,213, 1,020, 1,497 and 164 projects in China's eastern, central, western and northeastern regions, respectively, it said. 


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