1. China has approved 223 public-private-partnership projects worth 815 billion yuan (128 billion U.S. dollars) since the end of 2013, an official said on Tuesday. However, the country still lacks of professionals in the field and more support is needed from local governments, said Zhou Chengyue with the Ministry of Finance.
2. China is mulling the 13th five-year plan, which will chart its reform and growth path, when the country is entering a "new normal" of slower growth and boosting re-balancing towards consumption and services. The new five-year period from 2016 to 2020 will be key for reforms, which can facilitate economic growth, including reforms on tax and fiscal policy, state-owned enterprises and finance. Leaders of the Communist Party of China (CPC) met in Beijing on Monday for a four-day meeting to discuss changes, while the fifth plenary session of the 18th CPC Central Committee will review proposals for the five-year plan. After taking into account the proposals, a final plan will be ratified by the annual session of China's top legislature in March 2016.
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