Boosting the private sector
By Xiao Gang | China Daily | Updated: 2011-02-12 07:31
Non-government businesses have picked up development speed but need continuous financial and policy support
Editor's notes: The All-China Federation of Industry and Commerce recently published a report on the development conditions of China's private sector, their status in the national economy and their development prospects. The following is from the report.
China maintained stable and relatively rapid economic development in 2010, despite some severe tests caused by the global economic slowdown and a number of natural disasters. This was in part due to the rapid development of the private sector.
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