China's top economic agency urges private investment in 36 projects

The Chinese National Development and Reform Commission, China's top economic planning authority, has called for private investment in 36 projects with a total value estimated at 61.4 billion yuan (about $9.06 billion), aimed at stimulating private funding in the transportation, logistics, water conservation, and energy sectors. The projects include investments of 15.6 billion yuan in areas such as railways, wind power generation, and energy storage. The commission plans to rely on mechanisms to regulate and support private sector participation to ensure swift implementation and promote economic growth. This comes amid a decline in fixed asset investment and private investment during the early months of the year, with China experiencing decreases of 6.7% and 9.4%, respectively.

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