National Development and Reform Commission: During the initial stage of the project, discussions have already been made to introduce private capital for greater participation opportunities.

date
11/11/2025
On November 11, Gu Peng, Deputy Director of the Fixed Asset Investment Department of the National Development and Reform Commission, stated that the recently released "Measures for Further Promoting the Development of Private Investment" require that in the initial stages of project development, private capital should be considered and more opportunities should be provided for private capital participation. Specifically, the "Measures" stipulate that for projects in the fields of railways, nuclear power, hydropower, inter-provincial and inter-regional direct current transmission channels, oil and gas pipelines, import liquefied natural gas receiving and storage facilities, and water supply that require national approval and have certain returns, the feasibility of private capital participation should be specially studied and detailed in the feasibility study report. Encouragement and support for private capital participation should be based on the actual project, the willingness of private enterprises to participate, and relevant policy requirements to determine the specific shareholding ratio of the project. For projects that meet the conditions, private capital shareholding can be above 10%. "In recent years, we have been continuously promoting the introduction of private capital into major projects such as nuclear power, and some nuclear power projects can have a maximum participation ratio of up to 20%." Gu Peng also emphasized that while encouraging and supporting private capital participation in key projects, all types of businesses should be equally supported to participate in project construction, promoting the complementary advantages and common development of various ownership economies.