BEIJING, Sept. 7 (Xinhua) --Local authorities in China, including Guangdong, Fujian, Guizhou, and Shanxi, have recently unveiled a batch of projects open to private investment with total planned investment exceeding 100 billion yuan.
The projects cover a wide range of fields such as transportation, water conservancy, environmental protection and tourism.
It is expected that in the future, relevant ministries will promote some projects in the railway, oil and gas, telecommunications fields to the private investors.
In late August, the National Development and Reform Commission (NDRC) and the Civil Aviation Administration of China (CAAC) jointly published a list of 28 civil aviation projects open to private investors with estimated investment of 110 billion yuan.
Guangdong Province on Monday released the second batch of projects open to private investment, including four projects in the fields of transportation infrastructure and environmental protection with total investment of 16.1 billion yuan.
On August 31, Fujian Province published projects of 3 billion yuan for private investors. Shanxi Province also announced a total of 32 project with investment totaling 71.31 billion yuan as the first batch open to private investors, covering areas such as transportation, municipal administration, and agriculture.
Besides, Liupanshui City, Guizhou Province released 20 projects with a total investment of more than 13.8 billion yuan, covering areas like transportation, tourism, municipal, water conservancy, warehousing and logistics.
Some analysts believed that more local authorities in China will introduce projects to private investors.
Experts say that the move will optimize the investment structure and advance the supply-side structural reform and high-quality development of economy. (Edited by Wu Shuang, wushuang2018@xinhua.org; Hu Pingchao, hupingchao@xinhua.org)
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