China will open more sectors to private investment – State Council

BEIJING, Feb 23 (Reuters) China will open up more sectors to private investment, according to a statement posted Thursday on the website of the State Council, or cabinet, citing a meeting led by Premier Li Keqiang. China will encourage private investment in sectors including health care, retirement services, education, culture and sports, while expanding funding channels to include equity and bond financing, according to the statement about the meeting held on Wednesday. The statement did not give any details on when sectors would be opened up.
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