Policy & RegulationAnalysis
China NDRC Convenes National Conference in Nanjing to Mobilize Private Investment
The NDRC and Ministry of Finance introduce coordinated fiscal policies and showcase over 290 projects to catalyze private capital.
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The Brief
On June 30, China's National Development and Reform Commission (NDRC) hosted a national on-site conference in Nanjing, Jiangsu Province, focused on promoting the high-quality growth of the private economy. NDRC and Ministry of Finance officials delivered targeted policy briefings on expanding domestic demand and enhancing the service sector. To spur investment, officials pitched more than 290 high-quality projects to private capital, accompanied by roadshows from major energy corporations and provincial authorities, alongside field inspections of advanced technology enterprises.
Why it matters
Private investment is a critical driver for sustaining economic growth, reinforcing market sentiment, and fostering endogenous dynamic momentum in China. By presenting over 290 curated projects and detailing integrated fiscal-financial measures, Beijing is seeking to lower market access barriers and actively direct private capital toward emerging industrial and high-tech sectors.
China context
As economic planners lay the groundwork for China's upcoming 15th Five-Year Plan, revitalizing private capital has become a central objective to offset broader investment growth deceleration. Central ministries and provincial governments are attempting to improve investment and financing mechanisms, leveraging state-backed energy and regional infrastructure projects alongside emerging industries like artificial intelligence, industrial robotics, and biomedicine to rebuild private sector trust.
Editor's View
EDITOR'S VIEW — Analysis and inference, not factual reporting.
While public pitching sessions and policy briefings demonstrate clear central-level commitment to private enterprise, sustained success will depend on concrete implementation and investment yields. Private capital typically weighs regulatory predictability, project return rates, and financial transparency before making major long-term commitments. The explicit emphasis on high-tech and industrial manufacturing highlights Beijing's strategy of aligning private capital deployment with wider goals of strategic self-reliance.
What to watch
- The contract execution rate and actual capital commitments across the 290 promoted investment projects.
- Specific local implementation rules regarding fiscal and financial policy synergies designed to expand domestic demand.
- Publication of guidelines detailing target sectors for private investment during the 15th Five-Year Plan period.
Key Takeaways
- 1The NDRC convened a national on-site conference in Nanjing on June 30 to support private enterprise and investment growth.
- 2NDRC and Ministry of Finance officials briefed attendees on coordinated fiscal-financial measures and service sector expansion plans.
- 3More than 290 projects were presented to attract private investment, supported by roadshows from energy state-owned enterprises and local governments.
- 4Field research focused on private sector deployment in high-tech fields including AI, robotics, biomedicine, and environmental engineering.
On June 30, China’s National Development and Reform Commission (NDRC) convened a national on-site conference on promoting the growth of the private economy in Nanjing, Jiangsu Province. The event brought together representatives from central state organs, provincial development and reform commissions, government investment funds, and private enterprises to address methods for optimizing the investment environment and bolstering private capital participation.
During the proceedings, officials from the NDRC and the Ministry of Finance provided policy interpretations on strengthening private investment, expanding capacity in the service sector, and implementing a coordinated package of fiscal and financial measures to boost domestic demand. Officials underscored the importance of optimizing the market environment, refining investment and financing mechanisms, and building a robust service framework to unleash private investment vitality.
To facilitate direct investment opportunities, the conference showcased more than 290 curated projects aimed at attracting private capital. Entities including Huaneng Hydropower, State Energy Dadu River Company, and local administration teams from Inner Mongolia, Jiangsu, Anhui, and Fujian conducted project roadshows to highlight specific investment opportunities for attending business representatives.
The conference also featured field visits and experience-sharing sessions focusing on advanced industrial clusters. Delegates conducted research visits to enterprises operating in high-tech fields, including artificial intelligence, industrial robotics, biomedicine, and environmental engineering. Organizers encouraged private firms to seize strategic opportunities arising during the 15th Five-Year Plan period and focus investment in key advanced manufacturing and strategic sectors.
Sources
- 【全国促进民营经济发展壮大现场会在江苏省南京市召开】-国家发展和改革委员会 — National Development and Reform Commission · 7/28/2026