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Shandong: Open Further to Private Enterprises in Offshore Wind Power, Nuclear Power and Other New Energy Projects

Source：Haibao News 03-03-2025 09:00:00

Shandong is a major province for the private economy, with private investment being particularly impressive. In 2024, private investment in the province grew by 7.6% year-on-year, accounting for over 63% of total investments.

Previously, to better connect private capital with quality projects on a broader scale, the Shandong Development and Reform Commission launched an initiative to identify and remove market access barriers, continuously expanding the scope of industries open to private investment. At present, Shandong has fully opened up major infrastructure fields such as energy and railways to private capital.

This year, Shandong will make further breakthroughs in enhancing the integration of policy supply, advancing the further opening of new energy projects such as offshore wind power and nuclear power to private enterprises. In addition, Shandong will optimize the regular promotion mechanism for private investment, increase efforts to secure and support policy funds like ultra-long-term special government bonds, central budgetary investment, and special bonds, standardize the implementation of new public-private partnership mechanisms, and attract private capital to participate in the construction of projects in key areas.