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Projects invite private capital

The National Development and Reform Commission, the country's top economic regulator, said on Wednesday that a list of high-profile construction projects would attract private capital. State-owned enterprises involved in electricity, petroleum, gas, transportation and information programs on the 165 key project list have been encouraged to invite private capital participation through mixed-ownership, the NDRC said. It said multi-source capital channels - including fiscal capital, bank loans, private equity industry funds and public-private partnerships - were being encouraged, in an effort to improve project financing efficiency. The NDRC added that it will further ease investment entry limitations for sectors including civil airports, basic telecommunications services, as well as the oil and gas sector.