Investment injection to give real economy added impetus

Demand for capital from projects already underway will be fully met to maintain flow

Multiple measures have been issued by the central government to ease financing difficulties for ongoing projects and boost effective investments, meaning more capital will go to the infrastructure sector and support the real economy in the second half of this year.

Effective investment and stable economic growth were called for at a State Council executive meeting, presided over by Premier Li Keqiang on July 23. The demand for capital for projects that are under construction should be fully met, and local governments should use their fiscal tools to support and encourage financial institutions in ensuring reasonable financing for uncompleted projects and avoid broken capital flow, a statement released after the meeting said.