Recently China's National Development and Reform Commission (NDRC) has unveiled the measures to promote the healthy growth of private investment. Within the policies, it is mentioned that there is the need to further liberalize private investment market access, making no discrimination for all types of investment entities entering social service sectors, and to promote public private partnership, as well as paying close attention to the establishment of market access negative list system, and to accelerate the establishment of investment projects’ online approval regulatory platform to speed up the revision of government approved investment project directory. It is noteworthy that the measure also proposed to study the development of "local government debt-paying plan". The local governments are urged to formulate the instalment repayment plan to repay debts which should be repaid by the local government according to law, including project funds, materials procurement funds, deposit and so on.