China's Liu He says support for private business has not changed

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

BEIJING : China's Vice Premier Liu He said the private economy must be supported and that 'guidelines and policies for supporting the private economy have not changed...and will not change in the future,' according to a report from state-owned news agency Xinhua. Liu was speaking via video at a forum on M

BEIJING : China's Vice Premier Liu He said the private economy must be supported and that"guidelines and policies for supporting the private economy have not changed...and will not change in the future," according to a report from state-owned news agency Xinhua.

Liu was speaking via video at a forum on Monday on the digital economy held in China's northern province of Hebei. China has launched a crackdown on a range of industries, leaving startups and decades-old firms operating in an uncertain environment. The private economy has contributed over 50per cent of tax revenue, over 60per cent of China's GDP and 80per cent of urban employment, said Liu.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines