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China Relaxes Funding Requirements for Some Infrastructure Projects

2019年11月15日 19:38 来源于 财新网
State Council says it will cut the minimum capital ratio requirement for ports and shipping infrastructure to make funding more flexible
China’s fixed-asset investment continues slowdown despite supportive measures. Photo: VCG

China’s cabinet has decided to relax financing requirements for some infrastructure projects in its latest bid to prop up growth as the world’s second-largest economy continues to slow.

The State Council said it will cut the minimum capital ratio requirement for ports and shipping infrastructure projects from 25% to 20% of the total investment. The ratios for highways, railways, environmental protection facilities and social service infrastructure projects may also be reduced by up to 5% on a case-to-case basis.

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