Steps will boost role of private investment

China will widen market access to medical care, education, care for the elderly, culture, sports and other social sectors with new policies to enable a bigger role for private investment.

The measures, which will be issued soon, were approved on Wednesday at a State Council executive meeting presided over by Premier Li Keqiang.

Last year saw China continue its efforts to boost private investment. The new policies are the latest push to channel investments to sectors where new economic drivers are burgeoning.