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China unveils measures to encourage private investment

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China’s top economic planner on Monday unveiled detailed measures to encourage private investment further as the country moves to revive the private economy.

The document, issued by the National Development and Reform Commission (NDRC), stressed fully recognizing the significance of promoting private investment and pledged efforts to maintain the share of private investment in fixed asset investment at a reasonable level.

The NDRC said it would particularly recommend that private investment go into a selected number of industrial segments with great market potentia.—Xinhua

 

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