Global EditionASIA 中文双语Français
China Daily / 2025-03 / 10 / Page013

Private sector playing key role in growth

By FAN FEIFEI | China Daily | Updated: 2025-03-10 00:00
Share
Share - WeChat

China signals strong dedication to fostering high-quality development of nonpublic economy via targeted policy measures

China's unswerving support for the private sector will significantly boost confidence and expectations among entrepreneurs, and revitalize the growth of the world's second-largest economy, while motivating private enterprises to play a bigger role in driving technological innovation and industrial upgrades, said economists, industry experts and company executives on the sideline of the ongoing two sessions.

They noted that the country has sent a strong signal that it is dedicated to fostering the healthy and high-quality development of the private sector by rolling out targeted measures to deal with the difficulties and issues faced by private enterprises, and create a fairer and more dynamic business environment.

Highlighting that private enterprises have become the main force in nurturing new quality productive forces, and promoting the development of strategic emerging industries and future-oriented industries, they called for more efforts to further ease market access restrictions, expand financing channels for private enterprises and reduce financing costs, as well as optimize policies on tax and fee reductions.

Report cites rights progress in Tibet

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - 2025. All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US