政府新闻
上海鼓励更多民间投资新建基础设施 2023-05-31
Shanghai encourgaes more private investment in new infrastructure
Shanghai will support private investment through policy measures, especially by encouraging private capital to participate in the construction of new infrastructure, the municipal government said today.
In the next three years, Shanghai will focus on implementing a number of major demonstration projects in new infrastructure, including data centers and hydrogen energy facilities, Ruan Qing, deputy director of the Municipal Development and Reform Commission, said at a press conference. The city will use policy tools, including discounts on interest rates, to guide the active participation of private capital.
Shanghai will extend its discount program for new infrastructure projects to the end of 2027, with interest rate subsidies of up to 1.5 percentage point, according to a document recently released by the municipal government. The metropolis will focus on supporting private firms to participate in artificial intelligence, integrated circuits, biomedicine and new energy projects, it added.
Private investment in Shanghai in the first four months surged 19.8 percent from a year ago, aided by the low base last year and shows a good recovery trend, said Gu Jun, deputy secretary-general of the municipal government and director of the Municipal Development and Reform Commission.
The structure of private investment is optimizing. The proportion of real estate investment has fallen to 71 percent from 77 percent seven years ago, that of industrial investment has risen to 14.6 percent from 12.7 percent, and that of information technology and other fields has climbed to 9.1 percent from 6.5 percent.
In addition to encouraging private investment, Shanghai will also broaden financing channels for private firms and will support those are in line with the national strategy and have core science, technology and innovation abilities to list on the Shanghai Stock Exchange’s Nasdaq-like Star Market. In addition, the city will encourage private firms that are listed overseas to come to the Star Market for a secondary listing.
Some 95 private companies went public on the Star Market last year, accounting for 76.6 percent of the newly listed companies on the exchange that year, according to public data.
Source: Yicai
来源：Yicai
