BEIJING, Nov. 1 (Xinhua) -- East China's Jiangxi Province saw the private investment in the first three quarters of the year grow 12.2 percent, an increase of 2.3 percentage points over the first half of the year, thanks to its efforts to improve the local business environment.
It is worth noting that private investment in industry and manufacturing increased 12.4 percent and 14 percent, respectively. The private investment contributed 72.6 percent to the province's total investment growth.
In the first three quarters, the number of the newly-registered private enterprises in the province increased 61 percent. The private investment in the gas and water supply industries increased 67.9 percent and 36.7 percent, respectively. Breakthroughs have also been made in supporting the private capital to enter the power industry, with a batch of projects worth more than 5 billion yuan in total progressing smoothly, according to officials of the Jiangxi Development and Reform Commission, at a meeting on Wednesday.
In recent years, Jiangxi has introduced 130 measures to reduce corporate costs and improve business environment, and helped reduce costs of the enterprises by more than 200 billion yuan.
In addition, Jiangxi has also proposed to further expand the investment field, relax market access, and abolish discriminatory policies and behaviors against private enterprises in project bidding, quality certification, etc., so as to actively guide more private capital to the projects of promoting rural vitalization, improving public services, and strengthening ecological and environmental protection. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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