CHENGDU, Feb. 7 (NBD) -- Development zones are urged to leverage Public-Private Partnership models for the construction of public service and infrastructure projects, according to China's first guideline of its kind with a focus on the reform and innovation of development zones, which was released by the State Council on Monday. 

Bi Zhiqing, senior partner of Beijing Dayue Consulting Co., Ltd., told NBD that the industrial transformation and upgrading of development zones requires the support of improved public services and utilities, and that PPP models are helpful to attract social capital and make the most out of investment. 

The guideline also said that companies based in the development zones would be allowed to get listed or issue bonds at home and abroad as long as they met certain regulations.

Email: lansuying@nbd.com.cn