(Yicai) June 26 -- China continues to promote more and more national high-quality investment projects to private capital, providing them with fair access and enhancing their development opportunities.

The National Development and Reform Commission has promoted over 3,200 investment projects exceeding CNY3 trillion (USD418.8 billion) to private capital this month as of yesterday, according to its national project promotion platform for private capital.

The number of projects in the recommended status on the platform has topped 11,752, with a total investment amount reaching CNY10.15 trillion (USD1.4 trillion). These include infrastructure projects in transportation, energy, water conservancy, storage and logistics, and manufacturing, as well as emerging and future industry projects such as artificial intelligence and the low-altitude economy, the website of the NDRC showed.

In addition, the NDRC will set up and keep improving a specialized coordination mechanism for promoting projects to private capital, including strengthening the tracking coordination and support services for their construction, enhancing approvals and financing support, and promoting their timely implementation, it noted.

The move aims to moderately open major investment projects, traditionally dominated by state-owned capital, to private capital, Luo Zhiheng, chief economist at Yuekai Securities, told Yicai. It also seeks to promote fair access to competitive infrastructure projects for various operating entities, Luo pointed out.

Guiding more private capital to participate in the construction of major infrastructure and social welfare projects will provide them with greater development opportunities, Hu Yongjun, director of the future industry division of the State Information Center's informatization and industrial development department, said to Yicai.

"Investment projects are opening up to 'new' investment entities this year, and the policy signals supporting private investment are strong," Hu noted, adding that emerging industries such as new infrastructure, AI, quantum information, and the low-altitude economy are highly favored by private capital.

Traditional industries are also undergoing intelligent and high-end development transformation, making industrial upgrading projects quite attractive to private investors.

The Chinese government will strongly support private firms' investments in emerging and future industries, Zheng Bei, deputy director of the NDRC, said last month. These companies will take the lead in undertaking major national technological research tasks and have equal access to significant scientific research infrastructure and industrial technology platforms, Zheng added.

Editors: Tang Shihua, Martin Kadiev