Caixin
Dec 26, 2022 08:31 PM
OPINION

Editorial: Private Enterprise Matters to China’s Reform Drive

A worker stands on the production line of a textile factory in East China’s Jiangsu province in 2020. Photo: VCG
A worker stands on the production line of a textile factory in East China’s Jiangsu province in 2020. Photo: VCG

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.”

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