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Studio interview: Why China starts to encourage private investments?

07-12-2012 09:55 BJT

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The Chinese government is pressing harder than ever before for private capital to flow into industries traditionally occupied by the state. This money is now slowly reaching beyond the glass door of state-owned firms, starting to enter fields such as railway, mining and environment. Full Story>>

More and more private capital is flowing into Chinese markets and has the potential to significantly shape the country’s economic future. For more on this we’re joined by Mr. Li Yong, Deputy Secretary General from China Association of International Trade. Hello, Mr. Li.

1. The process is still at a very infant stage but the government is determined to move ahead. Can you tell us why exactly now China is starting to encourage these private investments?

2. Some say where and how Chinese investors put their money will influence the country’s economic development path. What is your outlook for these private investment? What are some of the challenges?

 

Editor:Zhang Jingya |Source: CNTV.CN

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