$150b for PPP projects planned

China Daily (USA) - - BUSINESS -

China plans to prize open pri­vate firms’ wal­lets with a new batch of in­vest­ment projects backed by the govern­ment. The Min­istry of Fi­nance has se­lected about 1 tril­lion yuan ($150 bil­lion) worth of ad­di­tional pub­licpri­vate part­ner­ship projects, peo­ple fa­mil­iar with the mat­ter said. The projects will be an­nounced after re­ceiv­ing fi­nal ap­provals.

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