Support for private sector reiterated

Key article, symposium, policy moves demonstrate unswerving commitment

An article by Xi Jinping, general secretary of the Communist Party of China Central Committee, on unswervingly consolidating and developing the public sector and unswervingly encouraging, supporting and guiding the development of the nonpublic sector was published on Sunday, sending a clear message again that the country remains committed to bolstering the growth of the private economy.

The article by Xi, who is also Chinese president and chairman of the Central Military Commission, came nearly one month after he held a special symposium on private enterprises on Feb 17, aiming to boost private businesses. It was published in this year's sixth issue of Qiushi Journal, the flagship magazine of the CPC Central Committee.

The article highlighted that China's basic economic system, in which the core principles and policies of the Party and the country regarding the development of the private economy are laid out, has been incorporated into the Constitution of the People's Republic of China and the Party Constitution. The system "will not and cannot be changed", the article said.