You are here

China should increase government investment: state planner official

38626319 - 07_06_2016 - CHINA-M&A_SLOWDOWN.jpg
China should increase government investment, the deputy chair of the state planner said on Monday.

[BEIJING] China should increase government investment, the deputy chair of the state planner said on Monday.

Government investment should not compete with private investment, Zhang Yong, an official with the National Development Reform Commission (NDRC) said.

Private investment growth in China has shrunk to a record low in recent months. Mr Zhang said it is impossible for private investment to continue to grow rapidly as the economy slows.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom