Private capital is essential to fund this huge trading network, he said, noting the importance of the publicprivate partnership mode.
Products such as excavators, concrete mixers and cranes posted rapid sales growth while its profitability increased significantly in the first half of this year, the company said.
Project Manager for CHEC Wang Leo expressed gratitude to MPS for selecting the Chinese firm for the second phase.
Private firms can take advantage of financial derivatives to ease the risk of share pledging, in which company shares are used as collateral for debt. Asset management companies could provide special products to prevent liquidity constraints facing private companies, Zhou added..
Prime members made The Man in the High Castle the most watched TV season on Prime Video by 4.5x.
Previously, the Ministry of Finance announced a program that allows local governments to issue special bonds to support the construction of toll roads in July this year.
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Private enterprises enjoyed strong performance in foreign trade, with their imports and exports standing at 261.5 billion yuan, a year-on-year increase of 9.7 percent. The volume accounts for 77.9 percent of Hunan's total.
Prices in Shenzhen dropped by 0.4 percent in August and in Guangzhou by 0.7 percentage points compared with July.
Profits of China's major coal companies rose 5.2 percent year-on-year to 288.82 billion yuan ( billion) in 2018. Their revenues from coal business increased 5.5 percent to 2.27 trillion yuan, the report said.
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