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China follows up fast on Xi’s pledge for private sector support

SCMP LogoSCMP3d ago

China follows up fast on Xi’s pledge for private sector support - SCMP

Quick Summary:

Only a day after President Xi Jinping vowed to back China’s private sector at a meeting with entrepreneurs, policies are being rolled out.

The government has previously pledged to guarantee open competition between private and public firms for infrastructure contracts, part of an overall plan to ensure businesses of all ownership structures are given equal treatment under the law.

The commission also said private companies will be encouraged to actively participate in trade-in programmes and the construction of large-scale projects.


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Article Details

Author / Journalist: Alice Li

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 21:00:10 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 227 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 46 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26253000

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 15 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 10 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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The story "China follows up fast on Xi’s pledge for private sector support" was covered 3 days ago by SCMP, a news publisher based in Hong Kong.

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  • URL: https://beamstart.com/news/china-follows-up-fast-on-17398843185525

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