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 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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