Shanxi unveils measures to boost private investment

Shanxi province has released the "Implementation Measures to Further Promote the Development of Private Investment", outlining 17 strategies aimed at expanding private enterprise participation, strengthening factor support for private investment, and optimizing the investment environment for private capital.

To broaden private enterprise participation, the measures propose optimizing entry policies for private businesses. They encourage private capital involvement in urban renewal projects, technological innovation initiatives, regional development projects, and emerging sectors. 

The measures also emphasize strengthening factor support in bolstering data, financial, land, and ecological resources. A government investment fund project database will be established to guide long-term, high-quality capital toward supporting private investment in the province.

To optimize the investment environment, the measures focus on guiding high-quality private investment, increasing government procurement support for small and medium-sized enterprises, enhancing project promotion, improving government-bank-enterprise platforms, strengthening project service guarantees, and optimizing market access for private enterprises.