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Hundreds of projects to invite private capital

By Xinhua | China Daily | Updated: 2015-10-21 07:47

Seven Chinese provinces announced 287 public-private partnership projects on Tuesday that will be open to private investors. The projects, collectively worth around 940 billion yuan ($148 billion), include municipal works, highways, rail, airport, water conservation and energy projects.

They were announced during a PPP promotional teleconference organized by the National Development and Reform Commission in cooperation with the All-China Federation of Industry and Commerce.

PPPs are collaborative projects between governments and private companies that are mainly funded and operated by the latter.

Hundreds of projects to invite private capital

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