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CPPCC spokesman denies contraction of private businesses

(Xinhua)
Updated: 2010-03-02 17:21
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China's private businesses were not contracted despite closures, mergers and acquisitions last year when the country sought to deal with the global financial crisis, a spokesman of the country's top political advisory body said Tuesday.

The impression that the expansion of state-owned enterprises outweighed the development of private businesses in 2009 might have been produced by the closures, mergers and acquisitions of unqualified factories and mines, Zhao Qizheng, spokesman for the annual session of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), told reporters Tuesday.

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"Impression is not a reliable source for making conclusions, and we have to rely on statistics," said Zhao at a press conference.

"Changes in a specific sector do not tell the whole picture," he said.

The annual full session of the CPPCC National Committee will open Wednesday.
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