民间资本参与重点领域项目持股比例可超10%，释放何种信号

Core Points - The National Development and Reform Commission (NDRC) introduced measures to promote private investment, allowing private capital to hold over 10% in key projects requiring national approval [1][2] - The measures emphasize the importance of private capital participation in sectors like railways, nuclear power, and hydropower, which are characterized by their foundational, public, and long-term nature [2] Summary by Categories Policy Overview - The first measure allows private capital to participate in key projects with a holding ratio of over 10%, specifically in sectors that require national approval [1] - The NDRC aims to encourage private investment by providing clear guidelines and support for participation in these critical areas [1] Key Focus Areas - The policy targets specific sectors such as railways, nuclear power, and hydropower, which are essential for infrastructure development and have potential returns [2] - Emphasis is placed on projects that are both foundational and have a certain level of profitability, aligning with private investors' interests [2] Implementation Guidelines - A requirement for specialized feasibility studies to assess the viability of private capital participation in these projects is established [2] - The policy encourages consideration of the actual conditions of each project, including the willingness and capability of private enterprises to participate [2] Investment Potential - For projects that meet specific conditions, the holding ratio for private capital can exceed 10%, with examples indicating that some nuclear projects have reached a participation rate of 20% [2]