Analysis: China’s Next Infrastructure Push Is Bigger — and More Complicated

China’s top economic planner is devising an investment and financing mechanism to accelerate the construction of six major infrastructure networks that are projected to attract 25 trillion yuan ($3.7 trillion) in investment over the next five years.

The National Development and Reform Commission (NDRC) held a meeting on Tuesday to refine financial, fiscal and pricing support policies for the six networks, including water networks, new-type power grids, computing power networks, next-generation communications networks, urban underground pipeline networks and logistics networks. The meeting followed an Aug. 19 meeting in which the commission established a coordination mechanism involving grid operators, telecoms companies and computational resource suppliers.