China is expected to release guideline to deepen reform on investment and financing system before the end of this year, the Xinhua-run Economic Information Daily reported on Wednesday.
According to the report, the guideline may include promoting policy of public-private-partnerships (PPP) and introducing social capital like insurance funds to national major projects. The supporting way of fiscal fund in this field may also be adjusted to equity investment instead of direct allocation.
Meanwhile the guideline is likely to include the reform on policy finance such as the enlargement of mortgage loan and allowing the Exim Bank and Agriculture Development Bank to do mortgage loan business.
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