The National Development and Reform Commission of the People's Republic of China (NDRC) is China's state planner.

  • The state-run People's Daily reported on Friday that the NDRC will boost credit support for projects with private investment.
  • The background to this is that public investment has outpacing slow private investment by a big margin. According to official data private sector fixed-asset investment only grew 0.6% during January-March from a year earlier while state sector investment jumped 10.0%

Info comes via Reuters report.

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