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China Focus: Private enterprises help bolster China's high-quality growth
With sound development and greater innovation, private businesses have played a bigger part in China's pursuit of high-quality economic growth.
August28,2019
China private rocket firm signs 100-mln-yuan contracts with UK, Italian counterparts
China's private rocket company Land Space Technology Corporation Ltd. signed contracts with UK's Open Cosmos and Italy's D-Orbit Thursday, totaling over 100 million yuan (14.8 million U.S. dollars).
April28,2019
Private investment in China maintains sound growth momentum in Jan-Feb
Private investment in China increased by 7.5 percent year-on-year in the first two months of this year, 1.4 percentage points higher than the overall investment, according to the National Development and Reform Commission.
March22,2019
China's Xinjiang cuts red tapes to buttress private business
Xinjiang Uygur Autonomous Region in northwest China last year streamlined procedures, slashed electricity prices and pushed banks to issue more loans to facilitate its private sector, local authorities said.
March15,2019
Shenzhen's tax reductions for private businesses tops 170 bln yuan in 2018
Tax reductions for private businesses in Shenzhen city, a technological powerhouse, rose 10.2 percent year on year to reach 170.57 billion yuan (over 25 billion U.S. dollars) last year, said local taxation authorities.
February12,2019
Guangdong reports robust performance of private business
South China's economic powerhouse Guangdong Province recorded a 7.3-percent increase in its private sector's value-added output in 2018, suggesting "smooth and healthy growth" of the sector.
January29,2019
Tianjin issues policies supporting private businesses
China's northern municipality of Tianjin has introduced a raft of policies supporting local private businesses.
January02,2019
China to give more support to private businesses, small firms
China will unveil more supportive measures for the country's private businesses as well as small and medium-sized enterprises (SMEs), according to a State Council executive meeting on Monday.
December25,2018
Tibet eases financing for private businesses
Southwest China's Tibet Autonomous Region rolled out a spate of measures Tuesday to ease financing for private businesses in the region.
December19,2018
China's private business hub pledges financial support for developing tech
Zhejiang Province, China's private business hub, has pledged tens of billions of dollars to drive tech and innovation in the next five years, local authorities said Monday.
December11,2018
China Minsheng Bank to facilitate financing for private firms
China Minsheng Bank will boost capital support for private businesses to facilitate high-quality development of China's real economy.
November29,2018
PBOC Shanghai Head Office issues supportive measures for private businesses
The People's Bank of China (PBOC) Shanghai Head Office has issued 20 measures to further improve financial services for Shanghai's private and technologically innovative businesses.
November23,2018
China's private entrepreneurs upbeat about development prospects
China's private businesses, growth of which is rooted in the background of the reform and opening up, will continue to prosper as the country vows to unswervingly support the sector, entrepreneurs said.
November22,2018
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