Chinese authorities pledge wider market access for private companies, including participation in national projects

Home>>

(Global Times) 15:06, February 18, 2025

In addition, the NDRC stated that it will implement targeted measures to address the concerns raised by private enterprises, and provide them with effective support, according to the CCTV report.

"The government will continue to cultivate a supportive environment for private sector growth, resolutely cracking down on the acts that harm corporate reputations, such as defamation and the dissemination of false or misleading information online," Zheng noted.

China has always promoted the development of its private sector and has consistently pursued the creation of a market-oriented, law-based, and international business environment.

In October 2024, the country published a highly-anticipated draft law on private sector promotion to solicit public opinion, which will be reviewed by the Standing Committee of the 14th National People's Congress at its upcoming 14th session to be convened in late February.

(Web editor: Tian Yi, Zhong Wenxing)