China Wants More Private Investment in Mining, Xinhua Reports

Feb. 9 (Bloomberg) -- China wants to encourage more private investment in the mining industry and will publicize information on potential mining sites, Xinhua News Agency said today, citing Minister of Land and Resources Xu Shaoshi.

The information system will give private investors “low-risk access” to the industry, Xinhua reported, citing Xu.

To contact Bloomberg News staff for this story: Chua Baizhen in Beijing at bchua14@bloomberg.net

To contact the editor responsible for this story: John Liu at jliu42@bloomberg.net