Caixin
Jun 17, 2022 04:20 AM
ECONOMY

China Vows More Support for Private Investment

In the first five months of this year, private investment increased 4.1%, slowing from 7% in 2021.
In the first five months of this year, private investment increased 4.1%, slowing from 7% in 2021.

China will support private investment and create a fair, transparent and law-based development environment for enterprises under all forms of ownership, the country’s cabinet and state planner said at recent meetings.

The pledge came after data showed that the private sector’s share of total investment keeps declining and that growth in private investment slowed compared with overall growth.

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