China to woo private investors for water projects

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BEIJING (Oct 14): The pace of China's investment growth slowdown is set to ease in coming months as the country attracts private capital into key water conservancy projects, a senior official at the country's powerful economic planning agency said on Tuesday.

Li Pumin, general secretary of the National Development and Reform Commision, made the comments at a press briefing.

The remarks from the top economic planning agency followed a recent pledge by Premier Li Keqiang to launch major investment projects in information networks, water conservancy and environmental protection to support the economy.