Shenzhen: Support private capital to participate in the construction of profitable projects in fields such as railways and nuclear power.

On March 23, the Shenzhen Development and Reform Commission released the "Shenzhen 2026 Market-oriented Business Environment Optimization Plan", which proposes to broaden the scope of private investment. It will establish a new mechanism for government and social capital cooperation, and continue to promote major projects to private capital. It supports private capital participation in projects in areas such as railways, nuclear power, hydropower, inter-provincial and inter-regional direct current transmission channels, oil and gas pipelines, import liquefied natural gas reception and storage facilities, and water supply, which offer certain returns. For eligible projects, the proportion of private capital holding can be above 10%. Furthermore, efforts will be made to increase support for small and medium-sized enterprises in government procurement. For engineering procurement projects exceeding 4 million yuan suitable for small and medium-sized enterprises, in addition to earmarking over 40% of the total budget for the purchase of goods or services from small and medium-sized enterprises, the reserved proportion will be further expanded. Procuring units are encouraged to increase the advance payment proportion to private companies to over 30% of the contract amount.