Xi Calls for ‘Unwavering’ Support for China’s Private Sector

President Xi Jinping speaks to national political advisors from the China National Democratic Construction Association and the All-China Federation of Industry and Commerce, who are attending the first session of the 14th National Committee of the Chinese People's Political Consultative Conference, March 6. Photo: Ju Peng/Xinhua

President Xi Jinping on Monday stressed the top leadership’s “unwavering” support for the country’s private sector, saying that nonpublic enterprises and entrepreneurs “belong to our own family.”

Xi also said that it’s necessary to “properly guide” private businesses to understand the Communist Party’s guidelines and policies to achieve healthy, high-quality development of the private economy, according to a report from the state-run Xinhua News Agency.