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CN Aims to Encourage Private Capital Participation in Major Projects, Increase Resident Income through Multiple Channels
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Lan Fo'an, China's Finance Minister, has recently published an article saying that special bonds, ultra-long-term special government bonds, and other funds will be effectively utilized during the Fifteenth Five-Year Plan period to optimize government investment directions, Chinese media reported. Lan stressed that efforts will be intensified to lay foundations, benefit long-term development, address shortcomings, and adjust structures, encouraging private capital participation in major project construction to promote effective investment expansion. Meanwhile, the authorities will strive to raise resident income through multiple channels, such as increased tax regulation, social security, and payment transfers. AAStocks Financial News |
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