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Sichuan Departments Jointly Introduce 31 Initiatives to Accelerate Major Project Construction
Recommend 16 Positive 31 Negative 13 |
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Chinese infrastructure stocks were in demand today (25th). CHINA COMM CONS (01800.HK) leaped 6.1% to $4.51. CHINA RAILWAY (00390.HK) swelled 5.3%. CHINA RAIL CONS (01186.HK) rallied 4.7%. According to the Sichuan Daily, recently, the Sichuan Provincial Development and Reform Commission, together with departments of natural resources, ecological environment, and forestry, jointly formulated and issued the "Opinions on Further Strengthening Element Guarantees to Fully Promote the Accelerated Construction of Major Projects", which specifies 31 specific policy measures. Of these, 13 are innovative measures, and 18 are enhancements to existing policies, all aimed at ensuring the accelerated construction of major projects. It is understood that the 31 specific policy measures outlined in the Opinions mainly cover a total of four aspects: land use, forestry use, environmental protection energy use, and work guarantees. AAStocks Financial News |
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