China continues support for SOEs, private businesses


Premier Li Keqiang

BEIJING: China is ready to give continued, unswerving support for the reform and development of State-owned enterprises (SOEs) and private businesses, the state council’s executive meeting, chaired by Premier Li Keqiang, announced recently.

The meeting called for solid steps in implementing the three-year action plan for SOE reform, and to create a level-playing field for private firms.

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