The Chinese mainland is intensifying its efforts to support the growth of private enterprises, marking it as a top priority for economic development. Ning Zhang, a senior economist at UBS Investment Bank, emphasized the mainland's unwavering determination and the implementation of strategic policy measures during an interview with CGTN.
According to Zhang, upcoming policy initiatives and legislative advancements are expected to further bolster the private sector, reflecting the mainland's commitment to fostering a dynamic and resilient economy. These measures aim to enhance innovation, competitiveness, and overall economic stability by providing a more supportive environment for private businesses.
This strategic focus not only signals positive changes for entrepreneurs and business enthusiasts but also highlights the Chinese mainland's dedication to creating a balanced economic landscape. As the private sector gains more support, it is poised to play a crucial role in driving growth and adapting to the evolving global market.
Reference(s):
Economist: Boosting private sector among China's top priorities
cgtn.com
