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China to further expand infrastructure investment – SaltWire NS

China to further expand infrastructure investment – SaltWire NS


SHANGHAI (Reuters) – China issued guidelines on Wednesday to expand infrastructure investment by channelling more private capital into existing projects.

China will further promote the development of real estate investment trusts (REITs) to free up capital locked in existing projects, and will also promote Public-Private Partnerships (PPP) to introduce more private funding, the State Council, or China’s cabinet, said in a statement on its website.

(Reporting by Shanghai newsroom; Editing by Andrew Heavens)

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Harry Miller is a writer and editor based in Toronto with 14 years of experience in the journalism industry. Before joining Canada News Media as a National Online Journalist, Miller worked as a senior writer and a reporter-editor with the Canadian Press and as a breaking news reporter with the Toronto Star. At Canada News Media he covers national news and the trending stories Canadians are searching for. Miller holds two bachelor's degrees, one in journalism from Ryerson University and another in communications and film studies from Carleton University.

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