Chinese State Council on Tuesday approved to establish an inter-ministerial joint conference mechanism to facilitate and coordinate investments.
The joint conference, led by the National Development and Reform Commission (NDRC), is responsible for coordinating and facilitating investments, establishing government investment reserves and making three-year rolling plans.
By principal the joint conference will hold one to two plenary sessions per year, and it can also call interim meetings according to the needs of work.
The joint conference members include chiefs or deputy chiefs of the NDRC, Ministry of Industry and Information Technology, Ministry of Finance, Ministry of Land and Resources, Ministry of Environmental Protection, Ministry of Transport, Ministry of Water Resources, Ministry of Agriculture, the People's Bank of China, the State-owned Assets Supervision and Administration Commission, China Banking Regulatory Commission and China Insurance Regulatory Commission.
Latest comments