After a bitter winter, the private economy is beginning to receive a tide of favorable measures. The recently-concluded Central Economic Work Conference reiterated that China will work unswervingly both to consolidate and develop the public sector and to encourage, support and guide the development of the non-public sector. In addition, it clarified a clear and decisive stance against incorrect opinions on adhering to the “two unswerving rules.”
Furthermore, leaders and officials at all levels are required to bring tangible benefits to private enterprises, so as to establish a cordial and clean relationship between government and business. A Dec. 20 executive meeting of the State Council also stressed support for private enterprises to boost their confidence and improve development. All these statements are of practical significance with a clear-cut attitude, and practical action is to be implemented.
