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China Daily | Updated: 2017-12-02 06:53

Private firms to help PPP projects

China's top economic planner has moved to attract more private investment to infrastructure construction and public service projects. The National Development and Reform Commission said on Thursday that local governments are advised to provide better services and more subsidies for private businesses that participate in public-private partnership projects. A document released by the NDRC called for a sound business environment to be created and for all infrastructure sectors, except those under access restrictions, to be open to private investment.

Total QFII quota rises to $96.79b

The country's dollar-denominated Qualified Foreign Institutional Investors program saw its total quota rise to $96.79 billion as of Wednesday, the forex regulator said on Thursday. The amount was up from $94.49 billion at the end of October, according to data from the State Administration of Foreign Exchange.

Coca-Cola opens plant in Xianghe

Coca-Cola's biggest bottling plant in North China has begun operating in Xianghe county of Hebei province, southeast of Beijing. The plant will produce bottled water, Coke and Sprite, mainly to serve Beijing, Tianjin, Hebei and neighboring regions, according to Luan Xiuju, president of COFCO Coca-Cola Beverages, a joint venture of Coca-Cola and COFCO Corp.

(China Daily 12/02/2017 page10)

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