EMerging Equity
NDRC
China Invites Private Investors To Help Fund Over 1,000 Projects Worth $318 Billion
China’s economic planner, the National Development and Reform Commission (NDRC), on Monday said it is seeking private funding for over 1.97 trillion yuan ($317.75 billion) worth of public projects, according to a statement posted on their official website. China’s NDRC unveiled a list of 1,043 public-private partnership (PPP) projects on its website that it is inviting private investors to help … Continue reading
China’s Xi Calls For ‘New Regional Order’ In Asia, Unveils Framework For New Silk Road
Chinese President Xi Jinping called on the world’s nations on Saturday to support Beijing’s ideas for the new Asian Infrastructure Investment Bank (AIIB) and its new “Silk Road” strategy to create a ‘new regional order’ in Asia. In his keynote address at the annual Boao Forum titled “Asia’s New Future: Towards a Community of Common Destiny”on Hainan island … Continue reading
China Sets 2015 GDP Target At “About 7%”, Announces Raft Of Proposals To Support Economy
China has lowered its economic growth forecast to “about 7 percent” in 2015 at the opening of its annual meeting of parliament, the National People’s Congress — the nation’s biggest yearly political event — which started on Thursday and generally lasts about 10 days. Chinese Premier Li Keqiang said on Thursday that China will set its official 2015 economic growth target, or gross domestic product … Continue reading
China Gives The Green Light To $31B In Infrastructure Projects
China’s top economic planner, the National Development and Reform Comission (NDRC) has given the green light to construction projects for roadways and an airport valued at 192 billion yuan ($31 billion) in the latest effort from the government to boost investment and the nation’s slowing economy, according to a report from Reuters. According to the report from Reuters, … Continue reading
Getting The State Out Of Economic Enterprise In China
By Peter Drysdale The relationship between the state and economic enterprise is a central choice that governments have to make in all economies. The role of the state and state-backed or state-owned enterprise in Asia’s economic modernisation is a question of special interest. Some argue that in all the economies of Asia that have enjoyed … Continue reading
Xi Pledges $40 Billion For China’s New Silk Road Fund
Chinese President Xi Jinping pledged $40 billion for the new Silk Road Fund during a meeting on Saturday in Beijing, Chinese state-run Xinhua News Agency reported. The $40 billion figure to set up the new Silk Road Fund was more than the $16.3 billion figure that Bloomberg had previously reported based on information provided by … Continue reading
China Approves 21 Investment Projects Worth $113 Billion
China has sped up approvals for investment projects by approving over $100 billion worth of infrastructure projects in late October and early November in a bid to stabilize economic growth, Chinese state-run Xinhua News Agency reported on Saturday, citing the state broadcaster. According to Xinhua, state-run China National Radio announced on Saturday that the nation’s … Continue reading
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