China plans to step up policy support to attract more private capital into the energy sector, a senior official said, as part of efforts to revive weak private investment. The cabinet on Monday announced new measures promoting private participation in infrastructure and the low-altitude economy, covering manned and unmanned aviation services. Authorities will seek more private involvement in major projects such as nuclear and hydropower plants and cross-regional power transmission. The cabinet said projects requiring state approval should assess the feasibility of private investment, noting that eligible projects could allow private stakes above 10%, while some nuclear power projects may permit up to 20%. Beijing will also ensure credit access and offer “green channel” policies for listings and M&A of tech-focused firms.
