Future of SOEs not in doubt, protection of private economy 'unswerving', says Xi

While visiting China Zhongwang Holding, Xi stressed that, since the reform and opening-up began, the CPC Central Committee has always been supportive and protective of private enterprises. China's basic economic system must "unwaveringly" consolidate and develop the public sector, and "unwaveringly" encourage, support, guide and protect the development of the non-public sector, he noted.