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| Xinhua File Photo |
China boosts private investment across industries
BEIJING, May 28 (Xinhuanet) -- China is making all-out efforts to encourage private investment in more heavily state-controlled and monopolized sectors amid concerns that its economy might slow further in the coming months.
Since China's transport, railway and health ministries issued guidelines last month to permit private capital to develop those sectors energetically, the banking sector and the state-owned enterprises (SOEs) have joined in the drive. Full story
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