State Council Investigates Private Investment in 7 Provinces

The 7: Beijing, Liaoning, Anhui, Shandong, Henan, Hubei, Qinghai

Reuters: China sends officials to seven regions to probe investment slowdown
The teams will examine the way local governments have been implementing measures designed to stimulate investment and create a level playing field for private businesses, which have been struggling to gain access to funding and markets.

China's economy grew faster than expected in the second quarter of 2016 as a result of a housing boom and government infrastructure spending.

But growth in investment by private firms, which accounts for over 60 percent of total investment in China, fell to a new record low in the first half of the year as businesses retrench in the face of a sluggish economic outlook and weak exports.

iFeng: 国务院派督导组分赴7省市开展民间投资专项督导
It is understood that the field supervision time is 5-10 days. Each steering group will take to hear reports, field visits, exchanges and discussions, seminars and access to documents and other means, to promote private investment in the region concerned to work to make overall evaluation, point out the problem, analyze the causes and timely feedback to local governments Steering views put forward opinions and suggestions to further improve and perfect the work of the national development and reform Commission is formed by a composite summary report of the State Council.

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