BEIJING, May 24 (Xinhuanet) -- China has signaled it wants to ramp up private investment in the energy sector. That’s in line with recently unveiled government plans to fast-track infrastructure investment. This is all in a bid to boost the nation’s slowing economy.
According the official Xinhua news agency, the country is drafting guidelines to encourage private investment in the industry with a special focus on the state-controlled electricity, oil and natural gas sectors. Government agencies are backing the drafting of the new rules and are expected to unveil them by June. Full story
|
