China Moves to Spur Private Investment With Market Access, Financial Aid
Listen to the full version
China’s State Council has rolled out 13 new measures aimed at jumpstarting private investment, which has faltered amid a prolonged property slump and falling industrial profits.
Announced Friday by the cabinet’s General Office, the policies are intended to broaden market access, remove regulatory hurdles, and increase financial support for private companies — whose share of the country’s fixed-asset investment has been steadily declining.
The initiative marks Beijing’s latest effort to shore up confidence in the private sector, a pillar of job creation and economic growth. Policymakers see reviving private investment as critical to stabilizing an economy facing mounting domestic and global pressures.
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
- RELATED
- DIGEST HUB
Digest Hub
Back
- China’s State Council introduced 13 measures to stimulate private investment amid declining property and industrial profits.
- Policies aim to broaden market access, eliminate barriers, and increase financial support, including a 100 billion yuan allocation from a policy-backed financial tool.
- Measures include minimum 40% large project budget for small and midsize businesses, greater access to key sectors, and enhanced support for private firms’ financing and digitalization.
- PODCAST
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新