Private investors in China will be able to access a range of strategic sectors that had previously dominated the state company - the decision was announced after a meeting of the State Council. Total list is about 80 projects , including the transportation of oil and gas , refining, construction of roads and ports . However, to lose control over key sectors of China has no plans : investors are invited to participate mainly in public- private partnerships.China's State Council on Wednesday approved the expansion of the participation of private investors in the sectors " with a predominance of state-owned companies and public investment " - only 80 projects in eight sectors.
Yesterday the decision was published in the official publications . Among the " first stage " projects appear mainly investments in infrastructure , particularly in the construction and maintenance of railways, ports and hydroelectric development of renewable energy and "clean" technologies , as well as oil and gas transportation ( pipelines and storage ) , Refining and coalchemistry . Secondarily the private sector is planned to allow oil and gas , utilities and maintenance of airports.Will attract investors as by issuing new permits , and through joint ventures ( in the form of public-private partnerships , including with foreign investors ) , and the privatization of state-owned companies on the IPO market. Chinese Premier Li Keqiang in March promised to provide the market " decisive role " for a more efficient allocation of resources and control of overproduction - now on private investment accounts for only 63 % of total investments.The government has promised to run all countries designated projects " as soon as possible " , but , according to experts , the process of denationalization is unlikely to be quick, as would entail a reallocation of resources in industries that fall under the reform. Thus, in one of the most talked about projects - fund development of the railway network - scheduled annually attract 200-300 billion yuan ($ 32-50 billion) of private investment , with the earlier released a forecast for China Railway Corporation share of private investment this year will not exceed 10 % of the total financing of construction ( 720 billion yuan).Moreover , there is still no plan was unveiled one of the most anticipated and key reforms - the banking sector , where four lion's share of state bank loans. During 2008-2009, the state-owned banks is allocated preferential loans to state companies , while keeping rates on deposits at an undervalued level (which , in turn, fueled the demand for real estate market ) . However, in March this year ten investors (mainly industrial groups ) received permission for the establishment of private banks , the purpose should be formally lending medium-sized businesses .Despite the obvious limitations , the reform will avoid increasing the national debt and revive economic growth , said Jiang Chang of Barclays. The bank forecast that China's GDP quarterly growth in April-June may accelerate to 6.8 % against 5.8% in January-March ; however, the annual rate of barely exceed 7.2% ( against 7.5 % last year ) . The bank HSBC expect higher growth - 7.4% and noted that recent decisions indicate the seriousness of the authorities in China to increase the private capital and reduce the dependence of the growth of public investment .
Yesterday the decision was published in the official publications . Among the " first stage " projects appear mainly investments in infrastructure , particularly in the construction and maintenance of railways, ports and hydroelectric development of renewable energy and "clean" technologies , as well as oil and gas transportation ( pipelines and storage ) , Refining and coalchemistry . Secondarily the private sector is planned to allow oil and gas , utilities and maintenance of airports.Will attract investors as by issuing new permits , and through joint ventures ( in the form of public-private partnerships , including with foreign investors ) , and the privatization of state-owned companies on the IPO market. Chinese Premier Li Keqiang in March promised to provide the market " decisive role " for a more efficient allocation of resources and control of overproduction - now on private investment accounts for only 63 % of total investments.The government has promised to run all countries designated projects " as soon as possible " , but , according to experts , the process of denationalization is unlikely to be quick, as would entail a reallocation of resources in industries that fall under the reform. Thus, in one of the most talked about projects - fund development of the railway network - scheduled annually attract 200-300 billion yuan ($ 32-50 billion) of private investment , with the earlier released a forecast for China Railway Corporation share of private investment this year will not exceed 10 % of the total financing of construction ( 720 billion yuan).Moreover , there is still no plan was unveiled one of the most anticipated and key reforms - the banking sector , where four lion's share of state bank loans. During 2008-2009, the state-owned banks is allocated preferential loans to state companies , while keeping rates on deposits at an undervalued level (which , in turn, fueled the demand for real estate market ) . However, in March this year ten investors (mainly industrial groups ) received permission for the establishment of private banks , the purpose should be formally lending medium-sized businesses .Despite the obvious limitations , the reform will avoid increasing the national debt and revive economic growth , said Jiang Chang of Barclays. The bank forecast that China's GDP quarterly growth in April-June may accelerate to 6.8 % against 5.8% in January-March ; however, the annual rate of barely exceed 7.2% ( against 7.5 % last year ) . The bank HSBC expect higher growth - 7.4% and noted that recent decisions indicate the seriousness of the authorities in China to increase the private capital and reduce the dependence of the growth of public investment .