MNI BRIEF: China To Boost Private Investment Financing - NDRC

China will increase financing support for key private investment which has been affected by changes in the international environment and the fall in real estate prices, officials of National Development And Reform Commission told reporters on Tuesday. 

Efforts will be made to introduce a "green channel" for sci-tech companies to facilitate their listing, financing, and mergers and acquisitions, while supporting private investment projects in issuing Real Estate Investment Trusts (REITs) in the infrastructure sector, they said. (See MNI INTERVIEW: PBOC To Boost Tech Loans Via Structural Tools)

The CNY500 billion of new policy-based financial tools, targeting the finance of key projects’ investment,  has been fully allocated as of Oct 29, with a certain portion designated to support private investment projects, they stated, noting that banks should offer inclusive credit and raise non-performing loan tolerance to meet the credit demands of private companies.