BEIJING, Oct. 20 (Xinhua) -- The Ministry of Housing and Urban-Rural Development, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Land and Resources, and the People's Bank of China have recently published opinions on further encouraging and guiding private capital into urban water supply, gas, heat supply, sewage and waste treatmentindustries which widening investment channels for private capital in these sectors.
Private capital can come in through ways such as wholly-owned investor, joint venture, public-private partnership (PPP), as well as participate through state-owned enterprises' reorganizations, equity subscription and industry investment funds, according to the opinions paper.
Private enterprises are also encouraged to conduct mergers and acquisitions, as well as reorganizations to break regional and industry boundaries, the paper says.
The country would work to improve investment environment for private capital in areas such as land supply, electricity cost, andfinancial services. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
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