MOFCOM Opens Additional Logistics, Power, and Mining Industries to Private Sector
China's government has opened a new range of government-run industries to the private sector, either through investment in existing companies or establishment of new firms. Water projects, power generation, mining, and logistics -- currently mainly state controlled -- would be…
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opened. The government also announced on June 10, 2010 that it would improve financing services and simplify administrative procedures for private sector involvement in those industries.