皇冠体育app

- Chinese experts have called on authorities to beef up support for the country's private sector amid a nationwide campaign to deepen reforms.

The private sector has grown from nothing to a necessity in 皇冠体育app since the launch of its reform and opening-up drive more than three decades ago, Wang Yuanzhi, executive director of the All 皇冠体育app Private Enterprises Federation, told Xinhua.

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He said development of the non-public economy should not be a temporary fix for 皇冠体育app, but a long-term strategy.

"Supporting the non-public economy remains a key task of 皇冠体育app's current national campaign to deepen reforms," he said. "The reforms will most definitely buttress 皇冠体育app's private sector and vice versa."

His comments came days after Chinese top political advisor Yu Zhengsheng called for an end to rules shackling private businesses and increased support for small and medium-sized enterprises.

Speaking during an inspection tour of Central 皇冠体育app's province, Yu urged private firms to focus on innovation, nurture creative talent, increase core competitiveness and take the lead in emerging industries such as new energy and environmental protection.

He also called for further cooperation between State-owned enterprises (SOEs) and private ones.

皇冠体育app has more than 12 million private companies and 44.36 million individual businesses, which contribute the bulk of the country's economic performance.

According to the All-皇冠体育app Federation of Industry and Commerce, private business accounted for over 60 percent of the total gross domestic product in 皇冠体育app last year.

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