Economic commission identifies significant investment potential in China
China's Central Commission for Financial and Economic Affairs, the body that guides the government on economic and policy matters, emphasized the necessity of a targeted strategy that prioritizes closing existing gaps and enhancing long-term growth to improve investment efficiency.
TroibNews 
China's recent Central Economic Work Conference highlighted the crucial role of domestic demand and consumption in driving economic growth. However, a significant potential remains for further investment in the country, as indicated by a prominent national economic commission.
The Central Commission for Financial and Economic Affairs, which serves as an advisory body on economic and policy matters to the Chinese government, stressed the necessity for a targeted strategy that addresses existing gaps and promotes long-term growth to enhance investment efficiency. This information was shared in a question-and-answer transcript made public on Monday.
The commission identified key investment sectors such as infrastructure, real estate, and social welfare, with plans for additional funding focused on improving education, healthcare, and elderly care. In the manufacturing industry, the government aims to boost investments in technological innovation, industrial upgrades, and green transformations.
Furthermore, the commission advocated for a multifaceted approach to stimulate investment. Strengthening the coordination between fiscal and financial policies will be vital, along with leveraging significant projects to attract further investment. New public-private partnership mechanisms will be introduced to facilitate effective collaboration between government entities and private capital.
Stabilizing policy expectations for private enterprises and enhancing their confidence continues to be a top priority. The commission underscored that unlocking the potential of private investment is critical for fueling economic growth.
Regarding foreign investment, the commission reaffirmed the government’s dedication to increasing institutional openness and creating a stable environment for international businesses. There will be initiatives to improve the regulatory framework to attract and retain foreign investments.
Additionally, the commission emphasized the importance of streamlining decision-making processes and enhancing the overall investment environment. This includes simplifying investment approval procedures and addressing inconsistencies in practices related to attracting investments.
The government also aims to reduce transaction costs and enhance financing support for small and medium-sized enterprises, ultimately working towards lowering the overall financing costs for the economy as a whole.
Mathilde Moreau for TROIB News
The Central Commission for Financial and Economic Affairs, which serves as an advisory body on economic and policy matters to the Chinese government, stressed the necessity for a targeted strategy that addresses existing gaps and promotes long-term growth to enhance investment efficiency. This information was shared in a question-and-answer transcript made public on Monday.
The commission identified key investment sectors such as infrastructure, real estate, and social welfare, with plans for additional funding focused on improving education, healthcare, and elderly care. In the manufacturing industry, the government aims to boost investments in technological innovation, industrial upgrades, and green transformations.
Furthermore, the commission advocated for a multifaceted approach to stimulate investment. Strengthening the coordination between fiscal and financial policies will be vital, along with leveraging significant projects to attract further investment. New public-private partnership mechanisms will be introduced to facilitate effective collaboration between government entities and private capital.
Stabilizing policy expectations for private enterprises and enhancing their confidence continues to be a top priority. The commission underscored that unlocking the potential of private investment is critical for fueling economic growth.
Regarding foreign investment, the commission reaffirmed the government’s dedication to increasing institutional openness and creating a stable environment for international businesses. There will be initiatives to improve the regulatory framework to attract and retain foreign investments.
Additionally, the commission emphasized the importance of streamlining decision-making processes and enhancing the overall investment environment. This includes simplifying investment approval procedures and addressing inconsistencies in practices related to attracting investments.
The government also aims to reduce transaction costs and enhance financing support for small and medium-sized enterprises, ultimately working towards lowering the overall financing costs for the economy as a whole.
Mathilde Moreau for TROIB News
