China should encourage private investment and invest more in its people to boost its economic dynamism during the 15th Five-Year Plan (2026-2030), suggest Chinese economists. To boost confidence among private investors, the country should improve its Public-Private Partnership terms, clarifying industrial scope and equity ratio requirements, removing invisible barriers and ensuring equal market access. It should ensure fair treatment between public and private investors in infrastructure and public services. Support from central budgets, ultra-long-term special government bonds and policy-based financial instruments should be equally allocated or tilted toward projects involving private enterprises. Commercial banks are encouraged to provide financial support to the private sector and the country should attach greater importance to talent development, fostering a high-caliber workforce and lifting wages.
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