Private Capital Allowed to Invest in Policy-based Housing Projects
Published:
2010-05-14
The Chinese government will encourage and guide private capital to invest in policy-based housing projects, public projects as well as monopolistic industries including fuel, telecommunications, aviation, nuclear power and railway transport, Premier Wen Jiabao stated in the Executive Meeting of the State Council. This is the first time the Chinese government will provide private investors with participation access to policy-based housing projects.
Source
The Beijing News
Google Translation
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