China encourages private sector to fund transportation infrastructure

Time:2020-07-09 16:46:44      Source:Xinhuanet.com
China encourages the private sector to fund transportation infrastructure, and no restrictive threshold shall be set for private investment in this aspect, the authorities said in a circular on Wednesday.
 
Market access barriers should be leveled to maintain a fair competition order, said the circular jointly issued by 12 departments, including the National Development and Reform Commission.
 
For example, private enterprises should not be restricted from bidding projects because construction enterprises must set up subsidiaries in places where the projects take place, the circular said.
 
More should be done to innovate and improve systems and mechanisms to create a favorable policy environment, it said.
 
Private enterprises are encouraged to participate in the construction of major railway projects, the operation and development of railway passenger and freight stations, mobile internet services and express logistics, it said.
 
 
 
Index RMB/t DoD Basis Date
Datong 5500 390 0 ex-mine 08-10
Shuozhou 5200 420 0 FOR 08-10
Ordos 5500 350 0 ex-mine 08-10
Yulin 6200 385 -20 ex-mine 08-10
Liulin Low-sulphur 815 0 ex-mine 08-10
Gujiao Low-sulphur 1240 0 FOR 08-10
Xingtai Low-sulphur 1540 0 ex-Factory 08-10
Yangquan PCI 720 0 FOR 08-10
Index RMB/t WoW WoW% Date
Qinhuangdao 562.0 36.0 6.84 08-06
Caofeidian 399.0 -22.0 -5.23 08-06
Huanghua 200.7 -6.9 -3.32 08-06
Guangzhou 256.7 -14.2 -5.24 08-06
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2468.5 47.0 1.94 08-06
Yangtze River delta 1382.0 -16.0 -1.14 08-06
South Ports 3198.5 -74.0 -2.26 08-06
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