Private investment incentives reviewed
Updated: 2016-05-05 08:01
(China Daily)
|
||||||||
Key points of the review
The examination throughout May will focus on:
・ Ensuring that the government incentives encouraging private investment were effectively implemented.
・ Making sure that private investment has easier market access.
・ Checking whether local governments are effectively serving private investors.
・ Guaranteeing fair competition for private investors and that all private investors are treated equally.
・ Ensuring sufficient financing support for private investors, particularly small and micro businesses that may face financing difficulties.
・ Promoting cooperation between local government and public-private partnerships.
・ Making sure that local governments and departments are working to maintain steady growth of private investment.
New airports to help on two fronts
More airports are to be built in China to improve transportation services in distant areas and densely populated cities-a move aimed at increasing employment opportunities and upgrading the service sector.
The State Council made the decision on Wednesday at an executive meeting presided over by Premier Li Keqiang.
The airports will help faraway regions with poor transportation links that are often hit by natural disasters, as well as cities with large populations and serious traffic jams.
Civil aviation projects will be built in key agricultural and State-owned forestry areas to facilitate aid and medical treatment during emergencies. Enterprises and individuals will be encouraged to take part in construction of new airports.
The nation will also cultivate more civil aviation companies with international competitiveness, and research and development of key aircraft and navigational communication equipment will be increased.
More nonmilitary aircraft will be used for resource exploration, environmental monitoring and transportation services.
Additional low-altitude airspace will be opened up steadily to civil aviation. Approval for such flights will be streamlined and safety supervision strengthened to ensure flight security.
- Inspection teams to cover all of military in anti-corruption drive
- Tornado, heavy rain batters Central China's Hunan
- Beijing's five-year plan: Cut population, boost infrastructure
- Palace Museum discovers relics buried for over 600 years
- Disney promises ‘safe, pleasing service of high quality’
- Couple detained for selling their two sons
- Rousseff: Accusations against her 'untruthful'
- Almost one-sixth of Brazil's confirmed microcephaly cases linked to Zika
- Impeachment trial against Rousseff recommended to senate
- With nomination secured, Trump to aim all guns at Hillary Clinton
- Obama sips Flint water, urges children be tested for lead
- Massive protests against Abe mark Japan's Constitution Memorial Day
- Raging wildfire spreads to more areas in west Canada
- World's first rose museum to open in Beijing
- Teapot craftsman makes innovation, passes down techniques
- Top 8 iOS apps recommend for mothers
- Five things you may not know about the Start of Summer
- Art imagines celebrities as seniors
- Japanese animator Miyazaki's shop a big hit in Shanghai
- Star Wars Day celebrated around world
Most Viewed
Editor's Picks
Anti-graft campaign targets poverty relief |
Cherry blossom signal arrival of spring |
In pictures: Destroying fake and shoddy products |
China's southernmost city to plant 500,000 trees |
Cavers make rare finds in Guangxi expedition |
Cutting hair for Longtaitou Festival |
Today's Top News
Liang avoids jail in shooting death
China's finance minister addresses ratings downgrade
Duke alumni visit Chinese Embassy
Marriott unlikely to top Anbang offer for Starwood: Observers
Chinese biopharma debuts on Nasdaq
What ends Jeb Bush's White House hopes
Investigation for Nicolas's campaign
Will US-ASEAN meeting be good for region?
US Weekly
Geared to go |
The place to be |