OREANDA-NEWS.   Anhui Provincial Administration of Land and Resources, Anhui Provincial Federation of Industry and Commerce jointly issued a policy a couple of days ago to encourage the private capital to invest in rural land consolidation, exploration and development of mineral resources, environment protection for mines and so on.

According to the policy, the fields of land and resources that laws and regualtions are not banned clearly will open to private capital. The private capital will enjoy equal policy to state capital and foreign capital.

Besides, discriminatory and monopoly policies will be abolished and an open, fair and transparent market access will be formed in a bid to actively encourage and support the private capital.

Meanwhile, the policy also requires that the service for private capital in the field of land and resources should be strengthened. The reform of administrative approval will be deepened to simplify procedures and promote the healthy development of private capital.