China’s NDRC seeks private investment as markets weigh policy and industry risks

  • NDRC Chairman Zheng Shanjie met private companies on September 15 and urged investment in emerging industries, new infrastructure and consumption upgrades.
  • Xingyun Technology proposed raising its 2026 server equipment and components procurement ceiling from 7 billion yuan to 20 billion yuan, subject to shareholder approval.
  • Steel-industry production pressures, platform compliance guidance and multiple corporate risk disclosures added uncertainty to the September 16 A-share market outlook.

China’s National Development and Reform Commission (NDRC) chairman Zheng Shanjie chaired a September 15 symposium with private companies from electrical equipment, computing power infrastructure, cultural tourism, elderly care services and commercial aerospace, urging innovation-led growth and greater investment. The NDRC said it would target sectors with strong private investment interest and growth potential, open application scenarios in key areas, improve the investment environment and broaden investment channels. The wider September 16 market news flow also included Xingyun Technology’s proposed increase in its 2026 server procurement ceiling to 20 billion yuan from 7 billion yuan, steel-industry calls for production controls and inventory reduction, an online hotel-booking compliance meeting, and company-specific risk disclosures involving procurement, financing, fraud, acquisitions and business execution.

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