NDRC to encourage private investment in logistics
China is to encourage private investment in logistics industries as part of the country's efforts to boost the economy with funding from outside the banking system.
A detailed plan will be officially released "in the near future," China's top economic planner, the National Development and Reform Commission, said on its website yesterday.
The move follows a State Council decision to allow private funding in state-dominated public service industries. The logistics industries plan will be the latest in a series of central government documents covering banking, health care, railways and transportation.
A detailed plan will be officially released "in the near future," China's top economic planner, the National Development and Reform Commission, said on its website yesterday.
The move follows a State Council decision to allow private funding in state-dominated public service industries. The logistics industries plan will be the latest in a series of central government documents covering banking, health care, railways and transportation.
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