Northwest China's Xinjiang Uygur Autonomous Region has set up a 100 billion yuan Public-Private-Partnership (PPP) guiding fund on Monday, according to local official Xinjiang Daily.
The fund was jointly launched by the regional autonomous government and financial institutions including China Merchants Bank (03968.HK; 600036.SH) and Shanghai Pudong Development Bank (600000.SH) by an equity ratio of 10-90.
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