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China has actively supported and participated in global infrastructure development, and is willing to encourage more local enterprises to go global under the principle of achieving shared growth through discussion and collaboration, she added.
China cut its benchmark lending rate on Thursday to spur production and mitigate impact of the novel coronavirus outbreak on some fragile sectors, even as experts suggested that stronger and cheaper credit supply will help reverse an economic slowdown.
China has also achieved progress in economic restructuring, as contribution of investment to growth has declined while that of consumption rises, the bank said.
China has explored funding infrastructure and public works through the PPP model since 2013 as concerns grow over local government debt.
China continues to build an average of two billion square meters of new buildings every year, driven by population growth, urbanization, and unprecedented economic development. As such, the building sector already accounts for approximately 20% of China's total primary energy consumption and 25% of GHG emissions. In the next 20 years, Chinese cities are expected to add a further 280 million citizens, as China becomes 70% urbanised.
来源：资阳报