China passes guidance for supporting private sector: state media
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CHINA’S ruling Communist Party has passed guidance for promoting the development of the country’s private sector, state media said on Friday (Apr 21).
China will optimise the development environment for the private sector and will remove institutional barriers that prevent private firms from participating in fair market competition, state media quoted a meeting of a committee on deepening reforms, chaired by President Xi Jinping.
The party has also passed guidance for strengthening and improving management of the state sector, state media said. REUTERS
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