Caixin
Mar 13, 2023 09:20 PM
CHINA

Update: China’s New Premier Vows to Support Private Enterprises

China’s new Premier Li Qiang meets the press at the Great Hall of the People in Beijing on Monday. Photo: Yue Yuewei/Xinhua
China’s new Premier Li Qiang meets the press at the Great Hall of the People in Beijing on Monday. Photo: Yue Yuewei/Xinhua

China’s newly appointed Premier Li Qiang promised “unequivocal and steadfast” commitment in supporting private enterprises as his government zeroes in on the task of reviving the world’s second-largest economy.

During the one-and-half-hour media briefing Monday, the former party chief of Shanghai assured private entrepreneurs and enterprises that they will “enjoy a better environment and broader space for development,” while acknowledging difficulties that they had faced.

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